Soj88......... You are quite right it could be an identity...

Soj88......... You are quite right it could be an identity slowly accumulating but to gain an effective controlling block would require the purchase of round 700m shares (19%) and there just isn't the vol for this to be happening BUT how about the SP being controlled for a management agreed 19% stack at say 12cents per share, this would raise round $80m quickly followed by a 10:1 consolidation this would knock any low ball offer for a six, provide finance to proceed into additional appraisal plus if this involved a large oil major, would provide access to development finance ........... Just a thought.

HKP