Ann: Elixir adds new Taroom Acreage, page-22

Yes happy to use a NY month or so definition and yes will be looking to get passed the test with hopefully a good result. Likely they will line up before and announce just after.

But we will need money very shortly and we are now playing a bigger game and will burn through $25 million very quickly if drilling another well to prove things up. NY did an early, and bigger raise than needed at that time in Mongolia but provide to be a correct decision (there was some push back by long term SH on HC I recall) he took the money that was offered. We need to ensure we do not go down the usual explorer route of having to take what's given.

A CR will come and its timing but external investors will be aware and act accordingly.