Ann: 2017 AGM Presentation, page-18

Phew! The cashflow report shows some $732k gross spent in a month (representing a whopping 47% of gross funds raised in recent Patersons underwritten Rights Issue. Mate you are right with nothing new to show for this expenditure, the residual $1m net funds wont last long and the London roadshow on 29 November 2017 is as you have said a rerun to keep this country club going. By the way some $800k would have kept them a 50% interest in Derby Block which new operator REY have recently defined the massive Butcher Prospect of some 8Tcf straddling into BRU's 100% EP129 - so we are left with the high quality (untested??) low risk (sic??) Judith gas field!! with a company making gross 100 PJ 2P reserves. DYOR