[Iraq boots-on-the-ground report] FIREFLY:
My bank guy said…Sudani…sent Alaq out in February…to announce to everybody that we were going to have a change in our exchange rate. Then Sudani comes out and talks to us about it as well…in March…considering a change in our currency to 1.32 from 1320. Now that the budget is about to be revealed he strongly suggests to me that we will be seeing the new exchange rate at 1.32 instead of 1320. FRANK: They keep the exchange rate at 1320 to give you more purchasing power…They are about to give this power to you.
