Ann: Baragatan-1A Update, page-54

I'm not sure now Doc but the staff has been cut by 20% in the last 12months. Has admin come down? Not a lot from the qrtlys. Interesting you mention Kufpec, but investing in development projects you need very deep pockets in the first instance. In Phils annual presentation he did say they were looking at a producing asset in Australia. Not cheap but he realises something needs to be done to change the sentiment. Haven't heard the "very exciting news" Phil was spruiking in his last BRR interview yet. Couple of things to fall into place here and it's a different story altogether. IMO