Hi Whatsup, I have no issue with the need for raising more...

Hi Whatsup,

I have no issue with the need for raising more capital in the future.

I do take issue though when management say no need for further capital until "x" date, coupled with "things are going ahead of schedule and under budget" and then IF they choose to do a backflip and raise (again) on the back of the slightest momentum in share price.

IF they continue to do this, does anyone at all understand that it matters NOT how much or how deliverable the oil find is, all that matters is that the share price value will be eroded away into the pockets of others.

Anyway...whilst I am hopeful the find is great or better, I am more so hopeful that we stop giving away the find at dirt cheap prices - that is my ONLY point here.

I KNOW WE NEED TO RAISE IN THE FUTURE - I REALISE DRILLING IS NOT FREE - I merely want some equity to remain in the market and they do it at higher prices - let us say 20c+ plus - is that not logical and fair??

Did not Malcy say "FAR has got to be worth 20c in anyones money"? Answer: Yes he did. So IF we all supposedly feel this is the ELEPHANT everyone believes it is, if Malcy has inside oil, if CN truly knows oil and the potential of the find they have.....WHY do we need to raise ay anywhere near 10c again?

If we do....there is only one answer to the above and that is what I have said all along - crooked to the core - rotten as 100 day old road kill - simple.

I will give them the benefit of the doubt again and take them at their word that they will not.

Hopefully we will not be burnt again.

Cheers.

K