Hyperdynamics Corp (HDYNQ)

[sahd3g]

Very great CC. Ray has clearly earned institutional investors respect. Goldman Sachs is sniffing around HDY too.

Everyone should listen to the CC in it's entirety imo. It's time to drill very soon, early Oct. It's gut check time. But, Ray is derisking simultaneously imo by getting the contract ready now for deeper water 3D to start very soon.

There is a possibility of a drilling result that doesn't launch us to $20+. However, we are talking about a huge province here, there is support for more capital imo IF needed under some stress. We clearly have multi-bagger upside, with reasonable downside. Big players are very very interested in JV deals...clearly HDY passed on some interesting offers recently from some of the most respected energy cos.

Retention of 77% is OUR best opportunity.