Ann: Quarterly Report & Cashflow, page-35

This is a extract from a note sent out by PAC this morning, they don't expect to be called upon again:

	Three Pool funding for accelerated development and exploration In the meantime, IVZ is busy preparing multi-pronged value-creating activities to be funded from three pools: Pool 1, Strategic Investors – is now under way to involve Zimbabwean investors. Pool 2, Farmout – with 80% equity IVZ has capacity to bring in partners for appraisal/exploration. Pool 3, Bank and Development Agency Funding – on demonstration of productive gas/liquids flows.