Ann: Webb Project Drilling Update, page-159

All the players in the west Arunta are speculative until proven otherwise with drilling and potential discoveries. Until that takes place, investors should understand the risks. No company is better or worse than the other. As long as there are decent targets still left to be tested within their tenures then the potential of a discovery still exists. It all comes down to how many targets these companies have and how much money they have. I would say right now CGR and RCR are the best of the bunch. Most money in the bank and both still have many untested targets. That’s where my money has gone dispute games on both sides!