Hyperdynamics Corp (HDYNQ)

[MU_Redskin1]

Randy did you get word from HQ that Ray and friends are either in or on their way to Guinea? That is important in the timing of things.

IV is down again and this looks like the logical place to have a back-up board to discuss the stock plus it seems this iHUB group is another group of saavy investors who can take advantage of a once in a lifetime opportunity. Ironically we have followed HDY for 5-6 years now. What a time to get in ... at the new beginning and at this price.

Anyway the REPSOL closers finished their Operatorship contracts in Houston the week of 2/1-2/8 so those negotiations are in the bag.

The Dana/HDY Guinea papaerwork is completed.

Dore and friends have had a third party law firm review the 2006 PSC, Petroleum Code compliance and Guinea/HDY/Dana deal and they have reviewed all international standards for Petroleum contracts.

So this could be the final act in the partnership agreements of it could be the final drafts before signature and acceptance.

I would definitely want this speculative pahse to be behind us and put $51 million in the bank. That would definitely move the needle back to the area of the all time high ....

Red