Ann: Corporate Presentation, page-2

I like the prospects here. It would also appear we have 3.1m in cash on hand - which should give us a comfortable 3-4 quarters (although management say 6.61 quarters in recent cashflow statement quarterly....). I'd say if within 3-4 quarters we cannot make considerable progress towards securing a JV for Bonito/Raya/etc prospects; then there is a problem. Hints of this occuring, and revaluation could occur quickly given the 2U prospective resource estimates. What I don't like is NextInvestors being part of this as they are renowned for creating P&D's, over and over again.