Ann: Preliminary Final Report , page-7

Isn't it better to look at the CF on a Q basis.

I was worried a few months back about cash and the possibility of a CR, but my reading of the last QR allayed those concerns. I don't think there'd have been much tax/SRB paid in Aug, and if I recall correct there isn't another tax bill until May?

I worry about their understanding of the geology, even of the sandstones, but imho there must be more upside than down from here.

I guess with most of us looking for better price for an exit, and very few true believers left, any recovery in sp will be muted/gradual.

I have yet to review the report, but based on the last Q I don't expect a CR, except for due to that dreaded talk about acquisitions.

EL