options for directors, page-4

A name change of itself does not show a planned programme of interests and wells. The new management has been singularly defective in giving any direction of substance. The grant of options would be better once we could evaluate what is in store for EBR through 2008 and into 2009. I see nothing wrong in keeping the Eagle Bay name - in itself it is in no way tainted and is well known and respected in the junior O&G business. Sounds like new Directors beating their chests and asking before delivering. Very tempted to vote "No" to the name change and the options.