Ann: Quarterly Activities Report , page-5

Surprisngly the gas price has lept over the last week.

Given the low cost of that debt, I hope they continue to prudently pick up cash flow positive bargains.

This is definitely one to hold. They want to list in North America eventually, and will want a vehicle with $300m of equity, not the current $14 m of equity (Enterprise value of $50m).

Having said that it would be nice if they strengthened their board, management etc, I mean who has actually been managing the intergration of operations? etc etc

GL