Ann: Proposed issue of securities - BRU, page-93

yeah, I get all that, Langdon, but we had $18m in the bank and surely, running that down for the next 2 weeks if LLT contracts had to be signed off and deposits paid right now shouldn’t be too hard basket… and surely we deserve to know what the Ungani restart plan is and when our next $9m boat of booty is coming? If not possible yet, that’s fine, but why is it being left open ended and they can’t just say OK, we’ll crank ‘er up after this Wet… that ongoing revenue stream from 3 or 4 boats a year is way more vital than a one-off dilutionary cash grab for less than the first boat. (Perhaps it’s part of the farm-in deal, he said, answering his own question…?)

OK, moving swiftly on…
Assuming only $2m is raised, there will be 700,051,789 SOI.
So, does anyone here want to tell me what is an appropriate MC the minute we convert contingent to prospective reserves and book 'em at the end of next year, assuming we have somewhere between the min. 800bcf for full Phase 2 including LNG export and 1TCF and we own 50% of it? I can’t see how it’s less than $700m = $1/s, can you? I would all put your Xmas stockings on the end of your bed next Xmas Eve…