lack of news flow, page-11

PC , current burn rate ( total operating costs)is approx 9 million per month; so far we confirmation of 2 off takes with last months to be announced any moment. The first two offtakes were as follows; October - 328 000 b; November - 315 000 b ; Let's say December is 250 000 b at say $ 75 dollars per barrell ( CBA wanted precommitted sales as part of their 45 million overdraft) revenues still are up around 10 million for the month.) Results south of here will be really disappointing to say the least.