Ann: Change of Director's Interest Notice, page-4

Nellie as you say. I would also assume this director is aware of the status of the Woody well which in theory should be complete as far as drilling and assessment goes. Likewise they will know the status of the reserves assessment which may not be complete as yet but must be close.

Regardless of a positive or negative outcome for either matter above this director believes the sp is undervalued.

They will also be aware of production trending.