Ann: Consolidation/Split - VXR Appendix 3A.3, page-6

EPA due end August. DFS end September. Finance will only happen after these are checked off. No timeline on next lot of drilling. Can't see the impetuous for any short-term SP movement, unless the VXR inner circle has got some other ideas? Surely $5.2M is pocket change for Bill?

14 trading days to options expiry date. To be in the money, SP needs to be at least 0.50 post-consolidation for anyone sane enough to exercise their options. Therefore, SP needs to spike in excess of 150% between now till 31-August.