I think 30 to 40 mill to drill one well is a bit steep. Should...

I think 30 to 40 mill to drill one well is a bit steep. Should be able to do it for about half that amount going on past experiences.

Selling out the derby block..........surely not. Going on NR's recent purchase he certainly doesn't believe that's a possibility. Agree with you that the market and majority of shareholders have had it with management. You only need to look at the number who participated in the cap raise.

Anyway it does appear that NR believes we are very close to a bottom at .06c. I really hope so !

We do need some company making announcements for a re-rating, that I am sure of. The SAT decision isn't going to do it.

NR obviously expects a re-rate sooner rather than much later or he wouldn't have made that sizeable purchase at .06c.

Twiggy has said he wants to diversify. Maybe oil and gas would be a good fit for FMG. Maybe he will change his mind about OBL. Only trouble with that is that the sp has been allowed to fall to such a low level that a full buy out could easily happen and we're gone for a song.

Holding, hoping and praying.