what do you make of the new accouncement, page-7

Royrene - what utter tripe.

No profit guidance has been provided for the second half (because of the uncertainty of the economy) so your 'profit is likely' comment has no basis.

The company certainly is doing well operationally however the fact they have close to $2 Million dollars to refinance is a huge concern in this economy - lets not beat around the bush, a company with a current market cap of $2.4 Million dollars is going to find it difficult to raise any kind of capital. If second half results are in the red WRR are really going to be in trouble.

The sentiment for WRR is currently negative (based on SP at an all time low) - so absolutely no reason to put a positive spin on this - suggest a realistic approach is best. Hopefully current results are in line with guidance and the next quarter is positive - going to be a make or break period for WRR.