mr promnitz on brr have a listen!, page-3

Nectar,

Used to enjoy your postings on SDL. Just putting the ruler over this one now.

Have only read last AGM & a few other co announcements.

Do you know what their current cash burn rate is? June 11 had them at $22M cash in bank & 1M debt,$5M spent in 2011 ($2.24M in 2010) for operational costs (had licencing etc costs not included in these figures).

Do you know if their cash burn rate has increased (or too be) for increased drilling? Quarterly due soon may answer that.

Low turn over is one concern (I have) at present, but if DFS & core drilling prove up then the company shouldn't need to promote & liquidity/turnover will take care of itself.

Keep sharing the info, greatly appreciated.

M