Ann: New Venture - Farmin Oil and Gas Assets in Surat Basin QLD, page-17

Hey Sigma

Dennis and Patrick are as frustrated as we all are...it is not easy dealing with the French, very slow and tedious..

I have a feeling from the meeting that it is not too far away. After reading the announcement yesterday...management seem confident with money, so makes me think maybe things are getting close...$12M is a lot to raise....or am I just dreaming??

" The total investment would be in excess of $12 million, subject to service providers tender value and finalisation of budgets at each stage of the program"