1. What has happened to the first pass soil sampling program (1000 samples) that were dispatched to Australia for analysis of gold and other elements that was reported by Range on the 26/04? Within the June Quarterly, it stated that the initial exploration survey had been completed.
2. What happened to the coal samples that were returned to Australia for further test work that were to be completed within 3 weeks as mentioned on the 03/03? What happened to the silver samples? Where is the report form the “Oil Survey Team”? The Quarterly stated this was still proceeding?
3. Where is the update on the acquisition of key oil and gas databases that was described as being needed for fast tracking JVs on the 25/05? Is that the GIS? Is this why the KNOC DD was extended to the 31/07? “Fluid?”
5. What happened to the $6.25m that was sourced from a UK broker after the negotiation of 125,000,000 options at 5c? The announcement on the 15/12 stated that it will be used for an AIM listing in the first half of 2006. Where did the $10m go? Cash on hand in the last quarterly was only $1,211,000 hence the $4m financing facility.
RRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held