Ann: Funding Update, page-47

Have to agree on the S&P or some index.

Holder since May 2006 (first purchase at 60c). Have averaged down over that period, but the opportunity cost of the money means that I would need to get ~$1.10 to make a 10% return on the investment over those points I put money in (& 10% is a pretty light return given the risky nature of this).

Anyway, lets hope the JV partner on Nachu comes on-board before the year end