Ann: Geophysical Acquisition Update , page-6

Lots of question marks is the picture alright KK.

Something needs to kick this company along. Good results out of test drilling would help. But even that costs several hundred thousand dollars.

I really don't know what we could do with a Kenyan contract at the moment, unless we really do have backers in the wings for Africa (beginning to doubt that). Personally, if it was just EHR without a partner written into the bid, I couldn't see KenGen awarding us anything. Too risky.

Mal Lucas-Smith buying a few shares would be a vote of confidence. Surely 0.008 is cheap enough? I can query him on this at the EGM.

Funding from Argentine govt would be welcome; there were hints of tax concession once upon a time. Again, hints and whispers.

Of course, there may be many and broad discussions happening with likely players for the Copahue development, but nothing concrete enough for announcing.

Hanging on...for Spring and brighter prospects at Christmas.