spp, page-41

As my son would bleat 'I told ya!'

So IMO Jurgen is to milk us all again on the back of a gas observation. So all the long termers are once again, not given any apreciation nor value.

So, IMO Heron results will be held off until the offer is closed. We might get a few bits of encouragement along the way.

But I think the real kick in the guts will be the instutional placement over the next couple of weeks. No doubt at a 10% disc to the VWAP of the next week or so.

So, about 18 cents?

Tsk Tsk. and Dr Daz thought I was being paranoid.

IMO the real dissapointment is that the Capital raising in all its forms over the next few weeks will overshadow all the exploration and drilling.

So what do MEO want to raise? 20 million dollars for 100 million shares. Or multiples there of.

Will we get past 30 cents a share on these milestones? Doubt it. Jurgen's obviously not that confident. Not confident to let the shareprice run its coarse on a little success. Even just a little.