Ann: Trading Halt, page-685

Lots of half discussions this morning, the clowns must be earning their keep for the ringmasters.

No doubt once the raise is complete they will be back in the little clown car and back to where ever they came from.

What to expect over the next 3-6 Months:

• Side wall core results
• fluid samples results - condensates
• upgraded Net pays
• drill 6 inch in M2 side track
• Lower Angwa 6 inch results - Net pays and depth of LA if reached
• flow test M2ST Lower and Upper Angwa zones
• set up well for pilot program?
• 3D seismic to commence - important for drilling sweet spots in Mukuyu and 3C contingent resource declaration
• Funding - what will future funding entail, will the renewed MOU play a part
• 3rd well selection - Baobab with pad ready, another pearl, or gas target out East

It’s going to be a busy time, no one likes seeing a cap raise, but as with before M2, all will be forgiven if it turns out for the better, unfortunately for a small cap explorer funding options are limited early on.

Dual listing on another exchange - Africa or Europe maybe.

There’s plenty coming up, I’m interested in what is in the Lower Angwa and what flow rates we can produce.

The next Mukuyu well will be at the least after 3D seismic ground work has been completed, so I’m predicting well 4 possibly out West in the structure to triangulate results.

Gltah, another crappy Xmas, but it will get better …