Wow…the king of seagulls is back. What is the matter? No sellers? Can’t fill your gullet with millions of shares without driving the price up?

To answer your question:

Falcon is committed to spend $10.1 million in the Beetaloo in 2011, that’s more than enough to complete the Shenandoah-1 well. When the result from that well proves the value of the Beetaloo, then we’ll see the appreciation in share value. Of course, when the signing a JV agreement occurs, then the share price will get another boost.