memo to managing director, page-6

Hi Noellyn ,

Even though that result would be disappointing for the longtermers , surely it's a compelling reason to be a shareholder. There's extra value one way or another imo.

Unfortunately , I don't think the big E is likely to come knocking , we just don't have the size . I do take your point though that for a medium size company , MPO presents a good opportunity. Imagine the opportunity for the neighbours in Quebec ( if ours lease prove up ).