hey fellas , a bit disappointing for the drop in SP but as for KATE 1 .... was a good chance but as it turned out it didn't turn out as expected. With the results of the electronic logging we might just be in a better position for the next drill of KATE 2. For as to the goings on in the philippines, things maybe on the up and up... I think that the SP at this level is a good buy for anyone choosing to enter ....