Well Sailorgirl,You have successfully managed to again lift my...

Well Sailorgirl,

You have successfully managed to again lift my blood pressure by posting the two articles. These further show the potential money that HDR shareholders are being asked to leave on the table.

Your statement that there was little value existing in the HDR shareprice for Uganda prior to this "sellout" was a fact that had been commented on numerous occasions by many at HC and in fact by external analysts. The down playing of the Uganda announcements by Potter continues to amaze me.

But look at what is being said / considered now! All of a sudden Mauritania is almost a blip on the screen and Uganda is the main play. The potential of Uganda is now starting to drip feed out. So why did Potter allow HDR's shareprice get hammered, providing the most boring announcements on Uganda when it's now obvious there is far more to Uganda than is being told... From SG's Motley article - "The Kingfisher well, the fourth consecutive discovery, had been announced as a success before the conference and there was little direct new news. But we have the clear impression that Tullow are moving forward with a confidence beyond that which has been publicly announced. Is this premature? We don't think so."

So why, why, why would management willingly sell a company like HDR when it is potentially on the cusp of great things. I believe most shareholders do not want this sellout, though it's likely it will go through. Shareholders are human beings and most human beings are lead and will do as they are told.

The explanatory document is going to be very interesting...perhaps that is why it is so long in the issuing - how DO you justify doing something that people don't want and on the face of it appears increasingly a complete puppy dog rollover!!


dodds