buying/price movement, page-6

Ah, yes, I thought it was for the existing asset development only, but I just had a look at the announcement (from 19-9-13 if anyone wants to check for themselves).

In that announcement it says "The loan security is limited to the Turner Bayou project assets and the company’s other assets" which I must have misremembered as saying that the loan facility would only be used for the development of current assets.

Later in the same announcement they said
"We continue to review and investigate the acquisition of one or more strategic assets to augment the exploration upside in Turner Bayou and we hope to release further details on these projects as negotiations are finalised."

It looks like they've done what they said they wanted to!