The Annual Report is as at fiscal year ended February 29, 2008.
No mention of their JVOA with MHL (announced 14/04/2008) as a subsequent event.
It is interesting that they mention in ITEM 1. BUSINES (a) General development of business section that On April 30, 2008 they acquired exploration Authority to Prospect (ATP) 865 in the Adavale basin.
It begs the question "Why mention the April 30, 2008 ATP and mention nothing about the JVOA with MHL (announced 14/04/2008) as a subsequent event?"
Also they state "we are assessing the potential of various properties in Australia and Austral Asia". No mention of Kyrgyz even though they signed a JVOA with MHL on the Kyrgyz projects.
As I have stated before I hold SENTRY PETROLEUM and I am happy ATM to continue to hold. They help offset my MHL position.
We can speculate all we want but it looks like we will be waiting until we get an announcement or the end of the 90 day period.
EODYR&DD
Cheers, Brantley
MHL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
