bowen basin certification, page-4

They certainly do have some good acreage. Interested in today's quarterly given that around a $1 million dollars was the anticipated expenditure for end of Dec 2008. Put their cash reserves at about $4 million then. Which brings me to my next question. What their projected quarterly costs will be for the period up to - ending March 2009??
Hopefully BOW will have enough cash to put the runs on the board regarding certification prior to needing anymore cash! This would be nice as one would assume a higher share price less dilution etc would be occur. Having said that, it is an extremely brave company who charters in these waters at present with insufficient cash reserves so an interesting balancing is required by Ron and his crew!!