Ann: Project Icewine Conventional Farmout Executed, page-39

mancini,

Don't think I did say it was Dave's job to keep the share price stable but if that's how it came off it was unintentional.

Dave's job is to run and promote the business. The market determines the price.

My thoughts are that as much as Dave does the running and promoting thing, the market knows that funds will be needed and that becomes a handbrake on the price. Who wants to pay more only to be diluted.

Soft farmout? Who knows what that means. I don't think we will see any action in this until after Charlie 1 is drilled and cored. Franklin Bluffs data didn't translate from 50ft between wells, so any party would be hesitant to take that data to another location 20 miles away.

So for me, HRZ is at least a year away.

The smoky is Yukon and if the "monetisation strategy" comes to the fore

Just my Sunday thoughts.

Cheers