Ann: Collerina Project Drilling Update, page-10

I agree Roy, I think that there have been a couple of opportunities to build momentum with capital raising whilst the news has been good. HLX has raised, waited until the money has almost dried up, raised again at a lower level, repeat. Hopefully they will look to continue to raise with the good news and keep driving this advantage home, each time at higher levels, which can only build confidence and the story. I'd much prefer to be in something that we are having a crack with, rather than going through the slow decline since we were at 10 cents in 2016. Nobody wants to be part of that story.

For those worried about dilution, I would prefer to be diluting on a good story which is on the way up, than a good story which doesn't have money, so ends up going down. Raise the capital early, go hard and keep the momentum going.