Please take these views with a grain of salt(diaper).Depending...

Please take these views with a grain of salt(diaper).

Depending on how Kora rates after initial results have been calculated against the p90, p50 & p10 estimates I see at least 100% increase in SP even at a p90 result for Kora.

Then of course the rest of the Ophir blocks we are farming into are worth more if we get at least p90 at Kora. So there is another 50% increase on prospectivity of these blocks.

A J.V. partner and drilling time table for Senegal and there is another 20-30% increase.
(check chart for last time with shell)

Sinapa spud is announced another 10-20% increase.

Drilling in the blocks next to Senegal scheduled for December to February where 20% of the Oil field is in the FAR Senegal leases another 10-20% increase pre spud and who knows what if that drill is successful.

So yes while there are all sorts of downside due to market conditions and possible dusters, I feel that there is at least some good news going to come out of some if not all of the above.

We have cash in the bank which is very important at this stage.

I am getting the feeling that a lot of the future announcements are tied either directly or indirectly to the result from Kora.

GLTA

P.S. - not long now.