Ann: Quarterly Cashflow Report, page-12

I absolutely agree that another CR would not be in the best interests of shareholders. Given the modelling of cash flow there is a good chance it will not be needed. I would prefer a debt facility to further raising.

With over 2.1bn shares on the register and a slew of options available for conversion, the register looks loose. I would like to see some news of a consolidation. 10:1 or even 40:1 would be good. If we do not we will be swimming around in the penny end of the market for some time.

Of course, the results from our drill program looks to be not too far away and this may change things.

GLTAH