overview, page-24

Prepare for a large cap raising,probably around $30m plus.

Only $1.6m in cash and expected cash outflow for the next quarter $10m.

As long as the flow rate is good everything seems fine.

With this large acreage position they were always going to need $50-60m to fund the project through to being self sustaining.

It is hard to believe that less than 12m ago that this was a 5c stock with a market cap of less than $10m.

We are now on the verge of becoming a bonefide midcap hydrocarbon producer with more than a decades worth of drilling in front of us.

Well James it looks as though you have pulled this one out of the hat,well done to management and stock holders alike.

All the best to a bright future.