Ann: Myall Creek Well Update, page-9

I agree with you that most of these Newsletters are pretty average, I subscribed to Diggers and Drillers for a while and felt the same way about them.

However, debt and profitability are real issues for this Company, which should not be swept under the rug.

The key thing at the moment though is to celebrate the success of our Myall Creek Well. Next step as time goes by is to carefully watch our output and income grow, and hopefully see our expenses, and eventually debt shrink.

Well that is what I want to see.

GLTH