any thoughts on today report, page-4

The "Estimated Cash outflows for the next quarter - 500 K has been in the qrtly Cash Flow report since the Dec Qtr - suggest its sloppy drafting. Probaly using the same template as last time and not careful enough to check that everything that was there last time is still relevant.

Exploration & Evaluation same as above. I suspect the approval at AGM refers to last years AGM as again this statement was in Decembers Qrtly.

I've reconciled the Cash Flow reports and there doesn't appear to have been any unexplained increase in cash of $100K so would suggest it hasn't been paid yet (see below)

Senator doesn't mention that the $100k is to be paid immediately, however, I suspect that what is meant to happen is that Senator will pay the $100K once the Canadian authorities approve the deal - They gave conditional approval on 23 May 2006 and final approval is still outstanding 2 months later.

As above, the $2.1 Million is due within 90 days of the awaited official approval.

Hopefully a bit more will be revealed in the quarterly Activities report.