done over again 52 cents, page-57

Jurgen is a broker first and foremost, and raising capital is what brokers do. This is one of a long list of companies that I am following that are taking advantage of drilling or commencement of drilling to do a cr. I got out of BOW because I was po'd they were doing one (not for a specific drill), only to jump into one in MEO.

Should know better, the christmas season is upon us and companies like to give themselves Christmas presents in the way of CR's. While it would be nice to have been included in an spp they clearly feel they have done enough at the moment for shareholders, fair enough. And like someone pointed out, spp's take time, whereas raising money from sophisticates particularly at this price is pretty easy.

Not sure what the price is going to do when we start trading, I will probably try to sell some on market initially with the expectation it drops to around 52 cents. Happy if it doesn't though.

OS
King of buying into companies just prior to CR's!