Ann: Bowsprit Reserves Update, page-4

So on 1p that’s about break even. Got undiscounted revenue of about $8m USD so say over 3years NPV 10 $7m. Guessing development costs around $6m and opex $1m.

do we have that in the bank or is there a capital raising coming. Can’t see it would be supported unless there was another story and new entry to a material field also worked up.

not looking good-though it doesn’t need to be said- bowspirit is a different prospect to sasanof. If it only came in….

new idea needed.

try renewables PRM or get a uranium or rare earth geo on board….. Sell the dream - oil and gas deals too expensive for you now.