Update Jan 31st with new JORC (+$5m)GPP market cap $3.2m...

Update Jan 31st with new JORC (+$5m)

GPP market cap $3.2m (@.044c)

1. $850,000 (Cash)
2. $120,000 (holding in asx-EPG, 465,040 shares @ 26c)
3.$3,230,000 (holding in asx-ATR, 1,292,250 shares @ $2.50)
4.$2,600,000 (Owed by AEC for sale of EP4877 - Latrobe)

Sub total $6,800,000 (approx 9.5cps)

5. EP 447 - shale gas JV Nth Perth including 10% ORRI
6. 2.5% ORRI on EP4877, VIC
7. 306mt brown coal JORC resource (5 tenements - Latrobe)
8. Geothermal tenements - Esperance, WA


No debt.

$10m for EP447
$15m for all the Latrobe tenements
(incl $10m for EP4500 and $2.6m EP4877)

conservative $31.8m in a liquidation. or 43.5cps.