re: cash flow projection Silentpartnr,Thank you for the cashflow...

re: cash flow projection Silentpartnr,

Thank you for the cashflow figures. I have looked at them even though they must be out of date now. By that I mean they must have been calculated some months back to show September 06 figures which are now history. However, they do support current daily production figures from the Ching Field and projected output for next year based on the redrill at Ching. The only line I would like to investigate further is the large drop in exploration costs for 2007 and 2008 both years being almost half of what they have been this year. If that line is solid then I will readily accept all the other lines as they agree with my findings and will then say I was wrong on the line of being cash strapped as the reason for wanting a merger.

At this moment I need to convince myself that they are increasing their net cash year on year. I am out all day today so will have a detailed look tomorrow when I have much more time

Regards

Acamas