Ann: Alameda 1 Independent Resources Assessment (Alameda Res), page-171

I think like its been mentioned before than the MAYO ex date 40 odd trading days away are acting like a bit of a brake on SP as I'm sure many holders will also hold head shares and now after waiting for the update on the second Alameda trap think its a good time to raise some funds..

we have some 457mill opts well in the money ... thats near on $16mill needing to be raised .. within 40+ x trading days ...

Plus we get the traders/insto's/sohps knowing this and using their shares as capping to hopefully see the weaker hands exit and keep the SP down into their Buying range ...

I wouldn't be surprised to see the SP stay under 15c till after opts have expired ... even with more positive developments...

But the markets could surprise us and we could have a spike in OIL price to new highs ... Zap-1 ....Marti bringing in another 2billion+

We could see 7bill bbls in place .... 10%+ recoverable .... 700mmbbls+ .... then ZAP fill the gap to 1billion+ .... and here we are at $300mill which is peanuts when you think BLOCK-9 has many more targets ..