yeah, I remember thinking a few months ago that they should try and sign a farm in deal while the East African oil space is red hot - hype like this wont last. 3D seismic or not I bet Steve could've signed a deal with one of these many majors he was supossedly talking to.
Now they have to scrounge around in a marketplace where oil prices and falling an venture capital is tight again.
On the plus side at least they managed to raise cash in the mid 4c mark. That is looking like a distant dream now.
I remember Alfren were due to drill their Seychelles tenements around this time. Is there any news on that? If they can find something suddenly WHN is back in play.
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