some very nice buying coming into play now ..., page-9

Hi (Pythagerous)

With about $9 million in the bank it would not have gone far.
They have normal bills every company has to pay.
They would have staff at Mbalam and in Australia.
They have the Feasibility Study to pay for.
They are getting things sorted for building of the Port,so bills to pay.The time frame for the port was for it to be started around October/November.That could be what George Jones was hinting about happening in November.
They will be flying around,they are in China at present.
Companies visiting the site at Mbalam,so trips from Australia to Cameroon.
They are going to be doing some drilling at Mt Nebeba.That could amount to several million dollars.

They are doing studies on a slurry pipeline,again another cost.
They still have about 8 months before the funding is due.

They are also looking out for other opportunities to pick up other tenements or J/V's in Cameroon and The Congo.

In other words they have a lot to do and get organized in a short time.

Regards
Westcott,