Puffin all over again.If in 3 years time hydrocarbons in...

Puffin all over again.

If in 3 years time hydrocarbons in abundance are being brought to the surface at A3 Norwest's equity will be something like 1 or 2 percent; their credibility has been shot over the mishandling of A2 as far as retail investors are concerned.

As a consequence our shareholdings will be so diluted, bordering on worthless, that going into Administration will seem like a strategy worth pursuing.