Ann: $12.5m Raising to Further Development of Mis, page-18

re: Ann: $12.5m Raising to Further Developmen... Hold on a sec Patiencel. If you look at the milestones passed since then - 500 barrells per day, more vertical and horizontal success - a technical set up that screamed for a break of .15 - then I beg to differ.

Anyway, Dan is a great operator and we will be rewarded. Yes, we will see multiples of the SP IMO by Easter. Get all that. All I am saying is that the feeing from some of us investors is that a higher placement price would have been better and I think achievable. Giving the placememt to retail at the same price, will serve to cap buying on market. (to some extent) I dont like that part of it. Longer term, I agree that is is all good, but could have been launching from a higher base. That is all.

Malay - agree wiht your comments.