Ann: Becoming a substantial holder , page-39

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  1. 2,049 Posts.

    Whisky, I can't agree on this part.

    "also there was no update on the COSMO well in regards to funds being recieved because like SCU it is already known about and hence not material. If the money has not been received it would be material and require a update."

    A delay in receiving funds is not as material to me as the possibility that KL will not be tested. The later still hasn't been released to the market. Only the people who follow hotcopper and read posts on a particular day know about that. I guess if you listened to the conference call, you would have picked it up. Still there will be plenty of investors and potential investors who know nothing about it.

 
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