What’s the plan if the sidetrack fails?, page-34

Once this sidetrack is done, whether its successful or not in regards getting a sample, I would hope we do a farm-out and get a big O&G player involved. This will give us the funding for the flow testing. Dont want a CR placement or a SPP ( share purchase plan) to raise the required funding. A CR favours some ( eg, SI's, instos) over retail holders. A farm-out on the other hand affects all holders equally, its a much fairer option. And none of this CR crap on the eve of drilling as has just happened or getting diluted out of existence. Having an experienced farm-in partner would be invaluable from the drilling point of view given the dramas we have been having, some of which does appear with MK 2 to be self-inflicted. A farm-out would give investors a lot more confidence in the drilling campaign. Management should eat some humble pie and get that partner in. We have been told previously there are entities that have expressed interest in such an arrangement.