Hi Gosh and all, Some people around here don’t appear to like me...

Hi Gosh and all,

Some people around here don’t appear to like me pointing out the value of doing full and due diligence before committing funds.

I am not saying don’t buy these shares just do so with all the relevant information.

In this case BUY has other interests and I think they knew what they were doing when they turned their back on the PEP11 project. As I said before I don’t see much room for down side for you at your entry level so you should be OK.

If the PEP11 is run out again I suggest you watch it closely and don’t be too greedy.

Some terms you may wish to familiarise yourself with.

From D.B. On the cusp. Read 8-10 years at least!

From the oil and exploration industry in general: Time frame for something to happen around twice as long as they originally predicted at least!

Long term investor: One that either got too greedy or took his eye off the ball and saw the share price fall by 60-70% and could not bring himself to sell out. My name for that one is expensive arrogance and there is a lot more of it about than one would think.

Sophisticated investor: One that has lost all his money!

Best of luck to you and your fellow investors.

Cheers and very best regards: Andy