quarterly report is out, page-35

? the Company (or one of its subsidiaries) has entered into one or more binding farmin agreements with one
or more third parties under which the farminee/s’ have a collective obligation to spend the greater of
$10,000,000 or 50% of the Work Commitment on the Licences; or

ok, so they get a farm in partner who is willing to spend 10mill min or 50% of the work commitment.


so please tell me how is 10 mill or 50% commitment earth shattering news and what do you think the share price will go to bigfish72.

AND do you think that its worth giving away 250 mill shares.


if the share price is above 10c then i agree they deserve such a pay out, if the BINDING agreement is fantastic and the share price reflects that then yes they deserve it, but 10mill spend or 50% spend on working interest in my opinion does not cut the grade.

not after 2 plus years of waiting

each to there own opinions, was just pointing out that its not just 10c for 10 days it could be just a binding agreement that trigers it.

from a poor researcher..

all imo dyor