Ann: Results of Meeting, page-6

think you would be pretty close to the money RAF, novo's in charge of the j/v so my guess is with Purdy's reward their only option until comet well is sorted they will go hard till xmas before cyclone season or the first alert which could cost about $6million of which ARV would have to pay $2mill, and if it's a quiet cyclone season they will pump out samples continuously, with a $70 million bank balance why wouldn't they, question is can we keep up and did the 27 prospectors from last year leave anything behind.

regards timmo