energy and capital, page-14

Hi Mule.

I am trying to clarify with the company if "drill program" includes flow testing.

Sent it Thursday. No reply as to date.
Will ring if I haven't heard by mid week.

Last "Q" had $6,018m in the bank.

Estimated for next "Q" at $2,2m (to Dec 2012)

That still gives them $3.9m but the oil may have soaked up some of that.

So they should be fine for another "Q" going off that.
But we will know soon as the next "Q" is in 11 days.

Just my opinion.