Ann: Update on Appraisal Well Drilling Program Timetable, page-312

its not free shares mate - its performance shares.

takes hard work to sit idle for 8 months while contractors drill Z, then sit idle again for another 6 months waiting on the same rig to be re-mobilized! such hard work must and should be rewarded! As must the $1m we'll apparently save now that we can conduct the back to back drilling at Alameda (again, not thru the effort/planning nor foresight of mngt, rig now has nowhere else to go!)

each time he's sold its crushed the SP. hope the directors do the opposite this time and buy on mkt - clear confidence signal. SP is way undervalued (EV ~$160m) for the 6bn barrels sitting idle, like mngt!

should we consider a performance bonus for Sherritt? maybe that'll trigger a few extra rigs being sent in our direction!