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Re: TeamPlayer post# 15038

Wednesday, 05/19/2010 9:21:03 AM

Wednesday, May 19, 2010 9:21:03 AM

Post# of 42997
According to my information there are 2 rigs and the new rig is to be delivered to Tasmania but that will take some time considering it has to be transported to the U.S. Coast and loaded on a ship, then unloaded, quarantine, sent to site, inspections, etc.
While this is going on the old rig in Australia can be moved in less then half the time as the new rig.
We have a 2 year lease to perform and more then enough time to bring home a gusher.
I would guess sometime this week or next week we should see the share count increase and that means the money is in our account ready to disperse.
Time is getting shorter and results are close at hand. The next few weeks I believe we should be hearing news about our progress.

This is only my opinion!

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