RE: RE: strange trading any PP will have to be at a price above 60 cents given that the last PP was at 60 with strategic partner and insiders. Plus CEO has been buying above current price. Given they have $7 million in cash and don't need too much more to complete 3D seismic which can wait until end of year if need be, there really is no rush to do any PP. They can also farm out to a major like Tower just did with Repsol and get the major to cover most costs including drilling.