quarterly report to march due next week, page-21

Helmel/Dnvan, to point you in the right direction, the accumulated losses in the balance sheet at 30 June 2011 were $79,634260 (Page 72 of the Annual Report), but Unused Tax Losses in page 86 were only $15,646,833. There are other numbers in Page 86 which complicates the issue (i am simplistic here), but the carry forward tax losses are no where near $79m.

Tha financial statements are prepared in accordance with standards issued by ASRB (Accounting Standard Review Board) - bean counters equivalent of JORC.

Now... dont tell me we have a native copper issue here and the accounting standards are not fair on cdu..lol. Now where is JC..?