question , page-8

We essentially had an update within the Good Oil conference a couple of weeks ago. This sort of thing a monthly update would be good, but daily or weekly updates would be over the top. They ticked off some additional steps that had been completed since the previous update (account set-up, etc.), we believe, although haven't been told specifically (referenced as administration issues) that much of the delay has been due to ensure the structure complies with ME banking regulations (essentially Sharia law/rules).

There still seems to be market confidence in this going through, 3 months ago we were bouncing around 0.5 - 0.6 cents and now we are at around 0.7 (with occasional dip back to 0.6 and spikes to 0.8).

Frustrated with the slowness of the funds being finalized, but otherwise comfortable with AWD and prospects of this development play.