Ann: Raising up to $US17.5m to fast track Snake R, page-14

re: Ann: Raising up to $US17.5m to fast track... The dividend on 119m shares at 15c would be a fraction over 2million whilst the shares aren't converted. IMO 2m a year won't break the bank and has fixed both our debt and cash holdings. The return AOK gets per dollar they put into the ground will easily cover this. Good deal IMO given it will allow the speed up of production. I'd still love to see the RBL facility on top of this for an increase in acerage