Ann: Annual Report to shareholders, page-6

Ralii, that was a recalcitrant post. 88e is positioning to work smarter. The reason for the extended planning is to get it right, a point well learnt from mistakes with Icewine 1 and more relevant with looking at the drill problems with PANR. If you spend time reading the unit application, you will see the long-term plan is well considered.

Management is about running the company to be successful, not necessarily about the short-term interests of shareholders.

The days of throwing millions of dollars at random holes without appropriate seizmic and planning are over.

As far as comments about your fellow investers, I've read your posts, and I would suggest that you are no heavy weight, so play nice.

Disclosure. I do not work for 88e, and I am not associated with management other than being a shareholder.