big trouble in little papua, page-14

I am not going to sell now. Rang my adviser and he is bullish on WWI - still have assets in S. Africa that WWI will most likely sell, another 4 Million cash flow to come in over the next 18 months to 2 years plus another 3 Million dollars for tonnage removed. Good chance they will get another $6 - $10 Million for balance of SA assets sometime in the future. Forestry approval is virtually guaranteed, just waiting on registration, and illegals is slowly being worked through. He wasnt sure about cash flow but noting another $1 Million to come in Oct/Nov WWI will probably start drilling sometime just before then. He also said Quarterly should be relatively positive. He also said Derewo could be big - real big and at current prices is a good punt. Just wish I had the $70,000 to invest now instead of investing 3 years ago.