Ann: Ceasing to be a substantial holder, page-6

Seems pretty clear that the initial attempt to debt fund the pipeline has fallen over and that we are now set to limp along until the sector shows some life. Amazing how destroyed the Monenty listed plays are and yet STILL no M&A ... At $24 million market cap, we don't actually screen that cheap for a vehicle that has no near term future.

The good news is that some deep pockets are lined up at 1.0 cents to take whatever you've got to sell, and it seems Alan is committed to staying with the company for the forseeable future, but how long is it until you see him dabbling away looking for greener fields elsewhere.