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Lickety Split

06/06/08 12:37 PM

#131129 RE: Know-Nuttin #131127

Forward looking statements sure are hard to distinquish from
the reality. No rig yet, but we are looking, and can pay for one, if one becomes available. If one does become available, we will drill in the 3rd or 4th quarter, if a rig becomes available in that timeframe. Hence, my castor oil statement. Sure does leave a bad taste in the mouth.

Strass


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amj23

06/06/08 12:40 PM

#131130 RE: Know-Nuttin #131127

i doubt seriously that Addax would keep mentioning the rig of opportunity if they were not sure they could get one and keep the Q4 drilling on their prospectus. I'll bet there is going to be someone who has one rented for 400k just might take the 600k per day and wait a few months ,it may not be that pressing and they can pick up some extra dough.