Ann: PRL Making Progress on HyEnergy Joint Development Agreement, page-15

Hey Venge, I don't think that the JDA is already priced into the current SP. I think that a lot of the reservation amongst investors in the past has been the extensions to the MOU. If you remember a little while back there was a typo indicating that the initial MOU period was to be 4 months of which they later admitted was an error and should have read 12 months. IMO, in 10 days time when the JDA is signed we should see an escalation in the SP. if they were clever, they would deliver the signed JDA in 5 days and they would look very competent. This is going to be the start of an amazing partnership. Wait for Total to start the PR journey once they are on board. Total have a worldly following and everyone will stand up and take notice once they are officially involved