SIGot an answer form PS yesterday. Essentially saying that the...

SI

Got an answer form PS yesterday. Essentially saying that the $7million from the rights issue will be used for seismic, exploration and production for the next 18 months. As far as the $8million in revenue goes he basically stated that everything the Co has to say is in the quarterly and no further breakdown is required. I asked about cash in bank and the reply was they don't do that as a rule but are benefiting positively from the current oil prices. The last comment was interesting which was that he was surprised that the SP was where it was.

So persistence has paid in terms of getting an answer whether that answer is of any use to you is another matter.

I hope that was of use to you.

Cheers
BW