and the canning .., page-44

I still give my scenario better odds than your alternate reverse T/O scenario: That the EGO assets were moved here because they would not be able to get funding using EGO due to the extremely weak top 20 and massive number of shares on issue.

Bear in mind KEY was 4c with the fewer assets before confidence and the share price collapsed with that dodgy Zeta deal.

I think even more likely with this move underway that the share price is being bid up to a 'reasonable level' to make a placement to a select group of investors to fund the Canning, TZ tie in, and maybe even the UK drill if they aren't planning on pulling the pin on it.

What would be really nice is some news on the TZ assets. These also completely discounted as everyone expects to just get taken to the cleaners year after year on this stock.

Do we even still have WSS? No mention of it recently. Maybe it has been confiscated? If not, with the huge interest in offshore east africa exploration, it should be relatively easy to put together a farm out on good terms in the current environment.

I just hope that can be done, and can be done prior to a placement to get maximum benefit for all of us who are sitting on 90% losses.