Ann: Corporate Presentation, page-5

This is exactly right.

I actually think they have some excellent news to go with this given its a replenishment before the 12 months is up.

Under listing rules they can go for 15% every 12 months without reference to shareholders. In this case all there doing is replenishing the raising capacity. The raising itself will happen at any opportune time, like once flow rates are known on the Sleeping giant and the Illinois wells, Seems like there is some rather large oil collection tanks pulled up on the Burkett site.

We dont even know if the frac fluid has been flowed back yet, we do know the zone is oil saturated and frac went a lot further than expected.

Bit of juice left in this yet.