Ann: Operations Update Paradox Basin No 3 , page-8

O.K just had a quick read over the last 6 months of announcements, now this is just my opinion but I don't think there will be any need for a cap.raise for this drill. They have stated that they are in advanced talks with financiers for the expansion of the Golden Eagle field but nothing to do with money for this drill and the reason being are as follows - settlement of Weatherfords claim - around $6mill., rights issue completed Aug. $3.8mil., cap. raise Dec. $660k and money in the bank at the end of Dec. $1.6 mill., this gives a total of around $12 mill. Therefore they should have plenty of coin for this drill, thoughts please.