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

Here’s a novel thought: with corporate & admin costs now significantly curtailed, and with most operating activity being physically undertaken by partners or external contractors on invoice, how about curbing quarterly spending - including on seeking further production opportunities - to at least within the quarterly income that is earned? You know, like a business is supposed to. There is no reason any longer for this company to be running quarterly operating deficits. Cash backing is no security when it’s still being eaten away on another coin toss because they cannot at least break even - and they hardly need more accumulated losses if you read the balance sheet. Basic disciplined budgeting that shows a net positive at the end of each quarter instills a bit of confidence when the market is not giving much love to this bottom feeder.