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Engineering, procurement, construction & management of crude oil refineries.

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Message: Foley and BCSC speeak

Here are my thoughts:

- I feel slightly more confident that the issues are less due to corporate mismanagement than I initially suspected

- I feel that the extension will be granted and that the July deadline will be met

- I am comfortable in my expectation that the new auditor report will generate a list of actionable recommendations.

- I am anxious to see the bankable feasability report in 90 days

If these events play out as expected, WWF should be trading in the 0.20s within 3 months. Once the financing is secured, we should be in the 0.30s. I expect to be trading in the high 0.50s and 0.60s early next year... of course, assuming everything plays out as expected.

Right now, it's a gamble/risk - the value of the company is entirely dependent on the market's confidence in Foley.

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