re: Ann: Good Oil Conference Investor Present... This would be...

re: Ann: Good Oil Conference Investor Present... This would be my order of preference:
1. Spend current money drilling Lindsey well - to acheive 200BOPD per day!
2. Sell stake in Nyuni and use proceeds to fund either EP437, or alternatively if the surplus cash went their first - then the Lindsey Well.
3. Use 'income' from UK to pay for expenses to do with West Songo Songo (recommending to retain this tennemant) and/or Italy
4. Farm down Italy - southern most tennemant, after doing either 2D or 3D scans.
5. If we have to do a cap raising, then only to do so for up to $2m.

That's my thoughts. We don't have the cash to do everything, right now, and retaining West Songo Songo where we are the operator would be my preference to holding Nyuni, where we have no control.