RE: What is it going to take?Like I may have mentioned, we should know the estimated reserves soon. Watch for a NR about issuing shares to Tenaka as per the agreement:
"In the event that the proven and probable reserves in excess of 75 BCF of gas are established (all zones) on any or all of the Operator Lands, subject to TSXV approval Flying a Petroleum shall issue, in the name of Farmor, a number of fully paid and non-assessable common shares of Flying a Petroleum (the “Reserves Bonus”) equal to $200,000 divided by the Weighted Average Price on the date hereof."
-- (NR from 2006-04-04)
I hope we see that transaction soon. I am surprised we haven't seen it yet.