Mcrae all that jinx stuff is nonesense, don't let it crowd your...

Mcrae all that jinx stuff is nonesense, don't let it crowd your judgement.

35 cent options expiring in March 2009. These oppies present tremendous upside and I would not write them off because the Company will be doing EVERYTHING they can to get them in the money before March 2009 - IMO the Italian authorities will give the go-ahead WAY before March and there is enough cash for one well there. 8KM from 250mmboes oil and 175 BCF gas onshore, and 3KM from Milan... this is an oilers dream. Even if this doesn't occur (IMO the management would have a good idea if it will then IMO they will farm-in to a project that will 'ensure' growth for the Company - as says CEO Kenneth Russell.

It is a good sign that half the blokes here are involved at ASX: MAK which has shot from 15c to $2 since January - of this year.