Ann: West Erregulla 2 Update, page-48

I think that if both are successful, you would be lucky to get 30c. I say this because of the money they will require to develop these resources to generate an income from them. I've held for donkeys years and I must say, I'm pretty disappointed at the level of dilution. Considering all the talk of funding options they were supposed to have had, they've gone back time and time again to shareholders. I remember when there were only some 300m shares. Glad I didn't participate in the last few capital raisings. My rant for the day.Nip