Although that is true that would not create a 50% sell down of...

Although that is true that would not create a 50% sell down of the stock.

Current markets are jittery as Luap has said but this is an over reaction by along way.

The funding initially will only be for 10mill not the 100mil.

Other funding will be sought through our upcoming secondary listing I reckon.

The drill program is secured for the rest of this year and I reckon that next years program and outlay will depend on the success or not of the Niobrara acreage.

Obviously the oil price will also be defining as well.

I think we will get an update imminently about the situation.