from speccy to mid tier producer, page-12

Hi Tractor...

My concern is will need the $3m from Gram for CF approval for drilling of SJ in July given cash per last quarterly, drilling cash requirements, and expected cash burn up to then....

Risk is delay in Gram approval to get $3m....as I said ST risk....as I like to factor in positive and negative risks to sp....Fact is CR is a risk.....Gram approval and ORD get $3m b4 July risk is mitigated....

That is my only concern ST....LT you should know my views by now as been on this stock since early days...and that was always due to Laos....