ahh now i understand, page-7

raving1 - some massive dilution to come, and already there are 1.7 billion shares on the registrar.

On top of that you have approx 700 million options expiring mid 2012.

So by August 2012 potentially you could have 3.5 billion shares on issue!!!

So, at 2cps, what will your market cap be?

Prospects look ok but don't expect every well to be a producer. Can anyone point to an oiler with an 100% success rate over 100 wells drilled.



DJ