WSS, nice inheritance!! (: for those not bothered with reading...

WSS, nice inheritance!! (:

for those not bothered with reading announcements, the following is out of the company update......and would you believe the share price is nearly the same??

January 08 March Qtr 2009

Cash US$2m US$17 ($40m 8 May 09)
Cash flow US$3.6m US$8.3m
Overheads US$7.9m p.a. US$1.0m (Qtr)
Countries 6 3
Production 70-80,000 70-80,000
Revenue US$13.6m US$20m
Hedging 43,971 ozs NIL
Debt US$18.5m NIL
Resource 416,100 2,818,600

For research google amongst the following....PT Indo Multi Niaga (PT IMN) the 20% partner in Tujuh Bukit, its run by a guy called Yusuf Merukh (Indonesian politician turned businessman).....

the following is a Google map of the region with a marker nearby the drilling sites, (the IAU announcements don't give this level of detail on the general vicinity)....you can zoom into it, a 3km strike does not seem so great in this context, forestry wise.....note it's proximity to Bali!!

http://maps.google.com.au/maps?f=q&source=s_q&hl=en&geocode=&q=Banyuwangi+Tumpang+Pitu&sll=-8.382034,114.89296&sspn=0.497934,0.889893&gl=au&ie=UTF8&ll=-8.206053,113.612366&spn=2.057773,3.55957&t=h&z=9

sure seems to me there will be alot more activity in IAU coming up.........