quarterly out, page-2

Hi Allanh...I regret to say that I judged the quarterly to be full of "spin" and bare on facts. I'm still no clearer about what the current level of production is, although one can obviously imply an average if we guess at the oil price received etc. It will be a struggle to achieve the targeted USD20m of 2008 calendar year revenues. Currently it is only the robust prices that are making the performance even half way respectable.

regards
DF