Ann: Quarterly Activities and Cashflow Report , page-2

Exploration: $ 293,000 and 1,106,000 f.full year
Administration: $ 316,000 and 1,365,000 f.full year
This is an exploration company.How much money can you spend on planning without implementing ?

How much of our exploration was done in Brazil ? It looks like nothing was done in Au.

The company received a Research and Tax offset amount of
$ 549,317.
In appendix 5B it is listed as cash in the bank.
Is it an offset or cash ?

The AusIndustry Research and Development program have specifically excluded companies doing prospecting,exploring or drilling f.minerals.How did RDS manage to get money ?
Do we have a part time geologist developing a new revolutionary system to interpret drill samples or a new scientific method of calculating the size of resources.Please give us the good news.We need it in this company.And I hope the Australian taxpayer will not get
upset if the answer is negative.

Why is the date at the bottom of Appendix 5-1,5-3 and 5-5
dated 17/12/2010 ?? We are paying enough to office to catch a mistake like this.

We have again seen that a small amount of dollars(500-750)
can move the share price 7 - 10 % without any reaction from ASX.Somebody are very anxious to get the price up again!