Thx for the excellent reply! So the pressure is on phun to raise monies right?

Now on the other hand they may keep our price down, as they may sell

shares of FO I'M guessing, but they may wait to see the td and higher price,

or they may actually try to raise money in the markets (don't think thats

easy). Any commments on what advantages will result from the above.

From what i read, as far as FO is concerned our committment is complete

for Australia 2009, but phun's is not. And its not fair for mab to steal from

fO'S FUNDS to support PHUN ANYMORE on the Australian play unless ...???

early results create a pleasant surprise!

Hopefully phun can arrange for a buyer of the 14 million shares as a cross..

perhaps to exxon? When do they start drilling etc.