Proactive Investors interview, page-7

Misfits agree with you imo. I am nowhere as confident and optimistic about 88 as I once was. I just do not believe we have the right technical people here. Their past results confirm this to me.

FO talks will of course be extended once again and hedging that a No FO deal will happen with a tier 1 as the terms will be shocking for us, only option I see is achieving a FO with lesser coys such as RMP etc as they are in a worse position than us and they have to raise money for their holders to go forward just like us. So obviously I get a different reading of the latest DW interview than many on here. That's ok, hope I am wrong.

Might it just be best to sell the rights to IW1, why is this not on the table and finally use this cash to actually drill back to back multiple wells to make up for 3 yrs of failures and lost time imo. We owe no one, we remain 100% in control. Can anyone seriously believe if a tier 1 coy will FO with us for less than 70-60% terms, so why not consider selling IW1. As it means nothing to us sitting there if we continue with failures, confidence suffering and we can't drill more than a SH funded 1 well a year.

Also can we honestly believe all those past reserve calculations as they have not come to light so far, in fact what have we actually proven?? Maybe this is why IW1 isn't being discussed, who knows. Just an option so we actually have a chance imo. GLTA.