Ann: Quarterly Cashflow Report, page-17

I dont really want to debate admin costs....
for a few reasons... 1) its probably inline with industry standards
2) it is a widely known that the oil industry is not cheap to operate
3) it takes away from the real activities of the company


at the end of the quarter nwe had 1.8million dated 1st jan... this quarter outflow of 1 million.. leaving 800,000 at 1st april... so only do we run out of coin mid may/june...
this is a whole lot of time...

yous best to be putting aside your milk monies and your mummas pocket money... this is a revolution...

this could possibly be ones biggest test in life... the importance of these shales will live for generations... I have no doubt about it in my mind...
it is impossible that norwest could file recievership owning 27% of the arrowsmith permit...
quack quack