some 50mil in the bank, page-11

HAKA

I am not a holder but am watching here with interest as a large ITC holder.

Your drill costs are way too cheap. I think they are closer to 2mill per well.

ITC are looking at raising 6mill thru the current CR.

I am not exact of their cash position but it would be 5-6 mill currently. The quarterly will tell us. But I would expect ITC to have circa 10-12mill in the bank with increasing cash flows commencing with the Snatcher wells.