shortfall from rights issue, page-10

Have been a loyal shareholder for sometime but have not bought into the cap. raising. There could be a market downturn through which i can buy shares at less than 3 cts, and, i still have options expiring next year that I probably have to convert. No doubt about it though; shale is running hot as an investment, could be very lucrative indeed in a few years time. There could be a takeover scenario for instance...wait and see.