Ann: Nova drilling update , page-65

Alvin,

I bet tomorow we have another annoc about options being excerised, they seem to be doing it on a weekly basis.

Most would have been sold today after the "you beaut" annoc.

SP rocket's up to the high for the day then the sell off comes. Just enough to keep a lid on it, but what the heck yet another high close $2.16

The good news is that these options are putting money into the SIR bank account which helps pay for all these drill rigs.If they all get excerised by Dec 12 that will put $18m into the bank from when they started to excerise.