Ann: Farm in Option Agreement for a 2-well Campaign, page-94

I'm holding my cards for now. It's non binding and so there will be outs.
Our side was never certain of ever holding a Royal flush in this game but it appears as if the cards we are holding are not as good as first thought.
Best to have a fall back position in case we get even worse cards as the game progresses.
Someone commented that having a 100% of nothing is not much use to us. But the end result is still the same even if you if you give away a large chunk of equity before you even have a go on your own. You still get nothing if there is noting at the end of the drill bit.

Methinks our guys are playing smart poker here. I just hope they are tough enough to exploit any ''out'' avenues if we suddenly get dealt some wild cards giving us the way to a royal flush.
Love this type of wheeling and dealing.
I grade our BOD a distinction for now.

Am still buying shares because the weak are beginning to panic when they should be accumulating at lower prices.
Going all in but I would love to do this on our own.