Drill PEP 11 Now

Thanks for the feedback.
To address some of the comments.

I am not 'associated' with anyone. The current board seems obsessed with David Breeze, and this is a fundamental hinderance to the company. A quick search for 'Breeze' in the 'statement of directors' above shows he is mentioned 52 times, despite having nothing to do with our proposal. We intend to take a professional, not personal, approach to resolving the current disputes. Legal expenses are currently the largest expense of the company. This needs to stop.

Drilling will cause the share price to increase, like last time. And if the well is not successful, the shares will drop. This is expected. The only benefit of 3D seismic, is that it MAY increase the chance of success. It will also delay drilling by at least 2 years (more likely 3-4) and considerably dilute MMR equity in the project, and the well may still be a 'duster'. MMR is NOT Shell or Santos, lets quit pretending that it is.

Regards
Tom