swala commits to further exploration in tnz, page-13

Yeah Fatlak, no worries!

The way I read it, Swala reported to TPDC that they have committed to the next stage in exploration for the licences. IMO this warrants an update to shareholders and isn't just a 'feel good' announcement. Further, they indicate that in the next two years of the licences they will be drilling two exploration wells.. I assume that this means that Swala have to complete the wells by 2016, not that they will be starting the drills then.

In terms of the timing of these announcements.. Does Swala management operate in Africa? What's the time difference here? Could that account for the odd timing of news releases?

Some pretty immediate negativity from a few posters here in relation to this. Lighten up chaps!