quarterly cash burn, page-19

yes it is simple as that mathematically - BUT consolidations have always been a dirty word in Australia as in most cases they fail and the sp falls nearly back to where they started and WHY - because most times it is done by Cos that are stuffed, their sp is below 1c, the Co has found nothing etc etc.

For FAR I believe it is necessary and will not kill the shareholder value in terms of MKt Cap - one of the few times I reckon because they now have a serious asset - AND I think once the consolidation is done there will be a bigger insto support at $1 - they will look fair dinkum and they will be able to raise decent $$ and attract finance.

as noted above the $$ burn atm is coming to a head and it would be nice to sneak through to defining SNE before any significant raisings or consolidations were carried out just because they will have huge support in that the asset will be properly defined.