Ann: Half Year Accounts , page-2

What? Have these guys written off the UK asset and pretty much all other exploration costs on the balance sheet?
So I guess, if these assets are a write off, management are saying they are not worth the money spent?

They seem to be gutting the asset side of the balance sheet. I have seen this on small caps just before management pull out a poor balance sheet to justify a huge low priced dilution. I hope that isn't the plan here.