Ann: December 2015 Quarterly Activities Report, page-16

Hi Healyn,
My major concern is if we negotiate a farm in will it be on terms favorable to shareholders,or will it dilute our ownership of future exploration success too much. We have been repeatedly told a farmin is being negotiated with no tangible results so far, hence my concern that we may have to give away too much of our assets for short term gain. Can anyone suggest how we could use some of our net profit and 100% ownership (after repayingERM) of the RG gas plant to finance the lockyer deep drill, as success here could be pivotal going forward.
Ally