3.5 cent placement well done, page-82

Hi newregime

And the Ann on the 24th Jan included this:

"In readiness for the finalisation of the formal grant of the permit for the Derby Block
“Permit”) by the Minister and the WA Department of Mines and Petroleum (DMP),
anticipated during February/March 2013, OXX has contracted to acquire a 25% interest in
the Permit from OBL on the following terms:"

I will be pleasantly surprised if we hear about Native Title by the end of Jan, but I am not holding my breath.
"anticipated during February/March 2013" - this could easily translate into March/April or later, as we have seen in the past. This procedure is now out of managements' hands, so we wait and see.

Mind you, should Native Title be determined in our favour, then it will have been worth waiting for.

BRM