Ann: Appendix 3Y S Bhandari, page-9

I wouldn't say you are losing the plot if you are buying in at 1.5 cents it is a 50/50 gamble if you are willing to cop any loses. If Zeta lose in court the share price should in theory soar back up to 3 or 4 cents so a nice 100% gain for brave buyers around these levels.

I think what frustrates shareholders is we have an engineer Ron masquerading as the MD when he clearly does not have the skills to manage financial funding relationships while creating real value for investors. Yes indeed painful to watch but that is the risk in investing in these junior oilers most of the time we get questionable characters running these operations.

I am betting though that this latest episode with Zeta has really damaged Ron's credibility with investors and he will have to be thrown out by major investors. If he isn't removed by the likes of Magna, Zeta or Standard Life then there is something going on behind the scenes that us smaller investors are not privy to IMO. Maybe there is goal to allow Ron to stay to destroy the company so they can pick up the assets for next to nothing if we want to start talking conspiracy theories.