Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

What a mess of a quarterly. 50% of it promoting the acquisition, that hasn't come to fruition yet (Didn't read anything to do with this project).

Key parts for me:
1.) Apparently drilling results have been coming in from "end of quarter" so have been compiling and interpreting them for a month. Will be interesting to see whats released tomorrow
(Personally, would have thought all the results would have been received at once)

2.) Results don't seem to have begun flowing through from Isa yet

3.) Apparently we are going to increase our ownership in NZ project to 49% (You have got to be fu**ing kidding me)
Still interpreting results for 6 months and now we are going to waste more money on this

4.) Have low funds. Last quarter expenses were more than how much we have in the bank now. Only saving grace is that drilling costs will not be present for most of this quarter so costs will drop. But CR for other projects incoming

Overall: Unsure, will need to see where the dust settles for the current SP movement but not liking the fact another CR is happening in the next quarter. Really hoping these Eyre hits mean we can raise alot higher than where we are right now.