annual report, page-13

Rosey,
Focussing on what I find comforting is in Chairman's report where he states:

"The strategy of focussing on the South
Australian exploration successes has also
resulted in the Company withdrawing
from its activities elsewhere in Australia.
At the time of writing we are finalising the
transfer, sale or disposal of our tenements
in Queensland and the Northern Territory.
This will be completed in the next few
months once all Government processes are
concluded."

They are firmly committed and focussed on peterlumbo. A few more dollars to come into the bank account perhaps.

Hag