Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-79

This reads like an eye test. Couldn’t you have used a larger font? No need to be so alarmist. The 1.6 months of cash cover is a statistical measure only. Cash on hand 11.725m divided by the last quarter outgoings 7.315m. Included in those outgoings is 3,514m of investment spend in exploration and evaluation. That is not going to be repeated in the near future. So take that out of the equation and the number becomes 3.1 quarters of cover, almost double the reported number. The company also advised that operating cash flows will reduce significantly going forward improving the cover to a year. So settle down. ICC decision should be out very soon.