is there brr tomorrow..., page-9

look guys, this is unfortunate but there is no conspiracy here and it is not a matter of bad timing. Obviously on one level things went very well in Angola but on another level they did not reach the level of completeness we, and I am sure management, would have liked. Things are happening at a rate of knots with our projects atm and there is has obviously been a huge cash burn as seen in yesterday's preso. thus a need for funds to continue the good work.

I reckon smyth was hoping to come home with something more concrete to get the SP up and thus do a placement at a higher price. He did his best, in OUR interests believe it or not, to run with what he had......but as we saw the market would not buy it. It is a little worrying to be honest to have a placement at such low levels as that percentage dilution is there now forever ...whether the SP is 10c or $10.

But here's to negotiations being completed soon. May the SP rise high before the need for another placement