Past year: ▼ 67%(0.10c – 0.30c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
30 July 2008farm in farm out agreement▲ GoodMajor
Company agrees to earn an initial 30% farm-in interest in the Loopleegte coal project in South Africa's Waterberg region, for 98.5 million shares (subject to shareholder approval), A$150,000 of vendor costs and A$550,000 of exploration over 18 months. Exploration target is 120-240 Mt, conceptual only; Christo Cordier becomes General Manager.
10 July 2006drilling progress report● Neutral
White Sands Petroleum's Primero-1 well at Reids Dome (PEL-231) reached 119m, with 13-3/8" casing cemented and blowout preventer tested. Drilling continues to 300m. Careful shallow-gas well control is described as allowing production if a viable flow is found.
