Ronstieb,why donot you add the following to the $87 million...

Ronstieb,

why donot you add the following to the $87 million cash?(*Cash at 30 September 2010 excludes cash deposited A$4,588,000)

1, Receivables for oil sales (gross) A$1.6m
2, Tui oil inventory (WMP share) 31,065.0barrels= $2.4 million
3, Income tax refund A$5.4m.

=$9.0 million (are these not cash now?)

87+9 =$96 million /588= 16.3c per share!

plus, you should know we have positive cash flow every day, day by day, so actually atm the cash backing is slightly increased.