The directors support the CR to the tune of $16K only because...

The directors support the CR to the tune of $16K only because they know just what a poor situation the Company now finds itself. What is very obvious to all is that WHN has insufficient capital to undertake the work program in the Seychelles and Vicp67. Be sure that Ophir will do them no favors and will be sending cash calls regularly.

AWE have not rushed to go into the drill phase and despite what DR says, it send a very clear message to the other companies looking at Vicp67. Don't forget that there is significant lead time to prepare for exploration drilling and to secure partners and have all the agreements in place.

Do you really think there is any light at the end of the tunnel (sorry I meant light at the end of the drain they are now falling into under DR leadership). But what would you expect from a person with very little oil and gas experience (ask for is CV at the AGM). Why didn't he raise capital when the share price peaked to 2 cents ?