Ann: Fourth Quarter Activity & Cashflow Report 30, page-2

re: Ann: Fourth Quarter Activity & Cashflow R... With the different capital raisings over the last 2 months we have about 4.4 million in the kitty,this should keep us going for a while or at least till the SP rises to get a bit better value with any future CR.

I was interested in Tony's comment under the corporate report section.

"Thundelarra continues to evaluate a number of corporate approaches, consistent with our strategy to
rationalise our extensive portfolio of exploration tenure. The level of interest shown in our prospects
reinforces the Board’s view that Thundelarra’s portfolio represents a significant value proposition in
the current depressed market."

The first sentence imo reinforces managements focusing on a small number of sites that offer the best potential at this time. However, the second sentence intrigues me, who is it that is showing interest in our prospects that encourages management,or am I just reading to much into these comments.

Any comments? West Aussie have you heard any rumours?