net operating cash flow guidance

Cash at end of June 2012 Quarter was $2,413,00 ($2.4Mill)
Special Note
All Exploration Resource Drilling is complete, therefore this should reduce Quarterly Cash requirements to under $1Mill per Quarter.

** Averaged Quarterly Cash Flows over the past 18 Quarters from 31 December 2007 through to current 30 June 2012 has been $880,000 Per/Quarter. ***



Based on this scenario need for Capital Raising, may be extended to early 2013.


_____________________________________________________________________________________

Net Cash flows related to BLR's operating activities from December 2007 through to current June 2012.


Quarter ended 30 June 2012
Net Operating Cash Flows
($1,542,000)



Quarter ended 31 December 2011
Net Operating Cash Flows
($707,000)


Quarter ended 30 September 2011
Net Operating Cash Flows
($2,662,000)



Quarter ended 30 June 2011
Net Operating Cash Flows
($556,000)


Quarter ended 31 March 2011
Net Operating Cash Flows
($543,000)


Quarter ended 31 December 2010
Net Operating Cash Flows
($517,000)



Quarter ended 30 September 2010
Net Operating Cash Flows
($220,000)


Quarter ended 30 June 2010
Net Operating Cash Flows
($384,000)


Quarter ended 31 March 2010
Net Operating Cash Flows
($99,000)


Quarter ended 31 December 2009
Net Operating Cash Flows
($648,000)


Quarter ended 30 September 2009
Net Operating Cash Flows
($692,000)


Quarter ended 30 June 2009
Net Operating Cash Flows
($630,000)


Quarter ended 31 March 2009
Net Operating Cash Flows
($722.000)



Quarter ended 31 December 2008
Net Operating Cash Flows
($1,247,000)


Quarter ended 30 September 2008
Net Operating Cash Flows
($734,000)


Quarter ended 30 June 2008
Net Operating Cash Flows
($905,000)


Quarter ended 31 March 2008
Net Operating Cash Flows
($1,071,000)



Quarter ended 31 December 2007
Net Operating Cash Flows
($1,854,000)



Sale of BLR's 100% owned Jonesville Alaskan Coal Project is very much on the short term agenda.







Cheers from G64 :)