Lol not possible. The capital raise is to Sophisticated...

Lol not possible. The capital raise is to Sophisticated investors and there is discussions here that it is only $6m at 11 cents to organise seismic lead and items to ensure drilling occurs on time this year.

Key take outs:

- Drilling is happening in a few months on time. The share price will exploded on FOMO before drill bit hits the ground.

- Sophisticated investors purchasing at 11 cents demand a profit. The webinar today will highlight why their 11 cent investment will multiple in a few months. The webinar should have some juicy facts to temp Sophisticated investors based on attractive ROI.

- Onthepunt PPSA statement "As the mining minister the agreement is sitting with him and then goes to the Attorney General which is an independent check. There is no need for the agreement to go to parliament as the independent nature of the AG assures it is constitutionally binding. Once again, Scott has ensured this is binding as it could potentially go for 30 years if we hit big. The President also needs to find time to be scheduled in for the signing ceremony even though he is not involved in the agreement. It's so big for the country that he wants to be there."

- Government supported and identified as a pivot government project for prosperity.

- No debt and operating cash not needed at this time thus 100% of funds is going to the drilling investment thats expected and assist in generation of a return/revenue.

- Potential of multiple interested farmin proposals.

- If IVZ decided to go at it alone. What does that mean. It means in simple terms that we don't get a slice of the pie but we get the whole pie. That would be a strategic decisions as we know we have farmin interests.

So thats my answer. Others can also reply. My questions back are:

1. If sophisticated investors are here to make a good ROI and capital raise is at 11 cents. The share price could be pushed upwards to ensure profits (this happens often). They are not here for 1, 2 or 3 cent pips at 14 cents if the total raise is only $6m in total. Whats the SI expected ROI?

2. Who would be selling below the capital raise when sophisticated investors invested at say 11 cents (not SI thats for sure)? Unless you knew more than what the sophisticated investors are being told at the moment. Remember we dont get the opportunity to invest more at this price and if we wanted too its on the market only. A lot of us wil try to pick up anything at 14, 13 or 12 cents.

Undervalued market capital of $66m and we are organising drilling of an exmobil gas area known to hold gas deposits within a few months. This will rerate quickly.