I find it interesting that we can all read the same announcement...

I find it interesting that we can all read the same announcement and arrive at different results.

To me, this is a very standard, even obligatory, quarterly update to keep press momentum without any new news, 90 days since the last similar release.

Re-entry of Siciny-2 for a low-cost, low risk attempt at the 21 meter section of conventional play has not been taken off the table, and could commence prior to year end if a program and budget are approved.

Re-interpreting, re-evaluating imaging for Rawicz North is still on the table to go after that conventional play, if they come up with a program and budget.

Minor squabble with Gemini over the "unapproved" cost-overruns on the initial unsuccessful drilling in Siciny-2

Still do not have the results of the North Sea awards, and nothing else to be read into that.

Multi-nationals apply for the licenses, so no conspiracy that only UK listed firms would get the gigs, and, no way they can anticipate or incorporate what future acquisitions/consolidations are made at the corporate levels for any of the awardees to keep them UK based.

JKA remains a mystery the same as it was many months ago when someone gave them a life raft. Only time will tell if Hartshead/ANA is behind the scenes and attempts to use them for a CR to fund one of the upcoming projects.

I desperately want ANA to succeed, but do not find anything of note in this announcement.

Just my take on the read.

Chuck