panic button, page-6

Hi Westcott

I reckon the answer to you drilling question is that NSL haven't done or aren't doing any...

I know the company has suggested in the past that drilling is being done; moving rigs from one site to the other and so on. But I wouldn't necessarily believe anything of substance was actually done.

They have allocated $250K to exploration in the consolidation capital raising, and I reckon that will be the only drilling that gets done.