when is it ?, page-4

You stand by your post about them doing a capital raising?

They've shown in the past that they are prepared to sell investments to provide additional cash.

The $4.4m I've quoted is based upon the last quarterly, the value likely has changed since then, most oilers I've been following have increased or at worst are flat since the end of 2011.

In terms of production, flooding in southwest Qld impacted on this in the December quarter so presumably this would increase in the current quarter, plus the following from the quarterly:

Production is expected to increase in 2012 when new discoveries at Naccowlah are tied in and Utopia 11H is in full production. Development of Downlands (now 100% owned by Bounty) is expected to lead to increased oil production through the second half of 2012.