Michael Dobovich presenting today, page-4

Nothing new whatsover there Raimop, that's been the plan for three years. New leadership, but nothing about the story has changed.. In the end the asset play is the plan. Just watch the other montney plays , they are as equally shell shocked as we are that the market values the lands in many cases at zero, when liquids rich (and we are ) used to trade with a floor of around $2,500 an acre, $1,000 if liquids not top quartile.

The guys have done well to add value to the lands without breaking the bank , somewhat making up for the cost overruns of the drilling that forced the emergency capital raise which now caps the upside at 7 cents best case scenario.

For me the best case scenario is we sell ourselves at 3 cents, but we will need the Montney to come alive again, and that's a 2021/2 story.