Hi packer unfortunately you are on the mark, there are so many...

Hi packer unfortunately you are on the mark, there are so many people blasting hype into this share, it's been going on since the Senegal find and the price ran up to 15 16 cents however dropping to 6 cents soon after, since then there has really been no new news and they have no intension of supplying any good news.

The next news to be announced is the rest of the .06 options to be exercised by June 30 2015 addind dilution to the degraded SP

Following this FAR want to CR by imternational investors but for the insto's to come on board they require the SP to be close too $1, much more then $1 PS will be attractive to these offshore insto's

This is why IMO the SP was held at 10 cents weeks ago, which obviously pushes the SP in a downward motion.

I believe that the SP will drop further for the options to be exercised to relieve the TAX burden, fancy a company setting options on the EOFY.

Then will come the consolidation at 10:1 if the SP somehow rises back too 10 cents so offshore insto's can add capital for the drilling in 2016 to 2020

Ocean rig Athena has already been chosen for drilling and is ready and has been offered too FAR from COP but far has said they are not ready too drill due to the above said.

GLA