Ann: December 2018 Quarterly Report and Appendix 4C, page-12

I glanced at the quarterly and saw a change of around $600,000 between quarters.  I think that this is their spend due to the increased admin staff and directors fees.  Then I multiplied that by three which would be $1.8 million dollars gone at the current burn rate which is what I said.  That would leave around $600,000 in the kitty at which point, if I was a director, I would either be shitting like a big black alsatian whilst I waited on an increased payment for my companies services or I would capital raise to ensure the company kept going..... or I would sack a load of guys. So that's three quarters after which I would capital raise in the fourth, which is what I said.  This is my opinion only. Dreamingreen piqued my interest in this by commenting on no capital raise this quarter.  I'm just looking ahead and using the current burn rate.  Hope this makes it clear.  Again, I hope that this is not going to happen but it is the type of thing I like to monitor and trade around.