Chris, if your winter tomatoes do ripen before Charles brings us good news about the Padgetts, we will sure look like fools for being so patient. As you mentioned earlier, AENP has some excuses for the delays caused mainly by the SEC pushing them to the brink of running out of cash....so I understand that they are still severely limited in the ability to ramp things up.....BUT he does need to get the 11 on line sooner rather than later or it is going to be hard to continue believing that they are capable of doing this.
As frustrated as I am by the slow progress, I would rather have this slow progress than see them selling shares onto the open market at these prices or even doing the private placement at these prices. We will all be better off giving him the time he needs to get the 11 on line followed by the 12 before doing the private placement. Once he shows investors that he can successfully do this, the pps should move back to where it was before the RS announcement and then get a boost from the other 2 wells and the knowledge that they will then have a better financial ability to ramp up their drilling program into 2008.
There really isn't too much to talk about until we get more information; good luck to those that are still in!
Mike
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