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brr

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    No one has so far commented on the BRR presentation put out on Friday afternoon so I will.

    If you happened to have missed it then take the four and a half minutes approx to have a listen.

    Dr Kev reiterates the intention to boost the chances of getting improved cashflow inthe present environment by concentrating efforts on Sellheim. Most of the money raised by the present rights issue will fund the increased production facilities at Sellheim.

    Money will also go into working on Bird-the-Hand. However he noted that moving into a production phase there was a couple of years away yet.

    With the emphasis on getting cashflow then the drilling activity at canegrass would be trimmed back a bit though Canegrass would have an important part to play for shareholders eventually
 
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