EnCore Oil ..

Encore isn't 'pure' high risk exploration any more in my opinion Jameel. Still risk to it on an individual project basis, but combined this lessens the risk. Some of the things they have picked up appear to be less risky than others, eg. the Grove deal. I don't mind the risk too much anyway - with risk you get the rewards. The Encore team lessen the risk as well.

Also, if you believe in the company - forget the price. I'm looking two years out, and I am still looking at £2 at least (could be a lot more after today's deal).

They have got so much drilling planned that not all of them will be delayed Jameel. And I don't think Eagle will be delayed by too much. A few weeks at the most.

I can sleep a lot easier now knowing that Eagle is only one of many fantastic projects Encore have in their fold.

Best thing to do is ring the company and ask about Eagle. They will tell you if they can.

Cheers

Del