info for the faithful only, page-14

G'day Abuman,

Agreed !! Here's another interesting crop taken from the prospectus.

"It is recommended that the initial seismic survey be acquired in conjunction with the Block 2 tenement holders, the Woodside consortium, of which Woodside Mauritania Pty Ltd is the operator of this offshore permit adjacent to Block 20. Current seismic interpretation suggests that the Autruche-1, located south in Block 1, was not drilled in the optimum position with the crest of the structure located to the north possibly into Block 2. A combined seismic survey with the Woodside consortium will not only confirm the western part of the Heron Lead but could also locate another prospect up-dip from the Autruche-1 well where numerous oil and gas shows were encountered in the Cenomanian to Aptian sands. Only by acquiring seismic that ties the offshore and onshore seismic data, can a full understanding of the Heron structure be determined."


snoball,

Have a look at the shares on issue to get the package rolling ! Almost 300 million to start life with ! It would have been great to grab some convertible notes ! Works out to 1.6 cents per share for just over 107 million shares and we have to pay 20 cents ...... only 1250% more !

Cheers,
xmagx