Ann: Corvette Drilling and Metallurgy Update, page-32

Had $4.7M at end of last quarter.

Spent $1.6M in the last quarter.

Spent $4.8M in the last 3 quarters (avg. $1.6M per qtr).

Going off the above, they have enough for 3 qtr's from the end of the last qtr (ie. enough until the end of this year).

Keep in mind that they've been drilling and drilling and drilling over the last 3 qtr's, so if anything, the spend likely to be lower than higher (obviously depends on how much drilling they do each quarter, but doubt they will/can do more than they have in the last 3 quarters).

Cheers,

GB.