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AGM, page-7

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    To follow up on my last post about the oversubscription but lack of buying pressure it would seem apparent that what we need is an offer for the company or the assets to achieve a more meaningful valuation and share price. Cath said sales are happening around the industry at more like US$4-8 ... so 2-4 times what WPL paid. But once again nothing has been forthcoming. Our Chairman thought we were vulnerable in the months/year after the discoveries (i.e. 2015) but once again nothing. We hear that Senegal is HOT and all the majors are circling ... still not one offer for FAR or any of the other companies that have leases in the area. Once again I am perplexed!

    H
 
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