posing a few questions re. abm, page-15

Hi Uttsy,

On the contrary, I am confident that the CFO has a very good grasp on their cash flow scenarios. Obviously she is limited in the info that she can share with investors so I am trying to read between the lines a little with respect to timing.

"I don't have any idea on the minimum expenditure requirements on the exploration tenements, but Im willing to bet its a lot smaller then $4m a quarter.

There should be room to reduce spending if a delay in the ML is forecast. "

Very good point Uttsy!

Historically it looks like circa $4m burn but they may choose to drastically cut back on exploration expenditure in the event of the ML being delayed.

All speculation of course but it is a good point and logical option IMO.