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Hey Lecc,

Taken a guess below regarding your question - I could possibly be way off with this. But, if you look at the June quarterly Cash flow report (expectations for Sep cashflows) they have reported:
- 500k for exploration
- 25m for production
- 1.5m for administration
- 43m for development

I can reconcile all the cash flows with the Sep cashflow report except the 43m in Development expenses (looks like this didn't happen??). Could it be due to their purchase of the outstanding 40% stake they delayed the June planned development expenses and have chosen to stagger them over the next few quarters?? Why would they stagger it- because of their decision to use existing cash/raised cash to fund the acquisition of the remaining 40%.

They are currently over leveraged which has left them in difficult position in the short term. By receiving an S&P rating they are making steps to find alternative funding- hopefully it is a longer dated bank loan.