Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

Oh dear 1.2 quarters of funding left in absence of Andy providing $2M of personal finance by way of a loan at 6% to the company.

No wonder why this SP has been walked down on pathetic volumes, possibly some broker playing with the register in hopes of assisting with a CR and trying to place freebies on the market for mates.

I think it's a great move from Andy to avoid raising at this price but what happens when his cash runs out?? I'm hoping we have a T/O offer before that as I can't see us raising funds to get to production at the current SP.

Anyone else have any thoughts?

I just can't understand how we have gone from 90cents on the back of fantastic drilling and millions spent on this project to the current SP. We haven't lost any of the resource or reserves but the market prices us back to where we started which is absolutely pathetic.