Ann: Appendix 3B and Notice under Section 708 - O, page-2

re: Ann: Appendix 3B and Notice under Section... ".........The Company continues to review suitable oil and gas opportunities for the Company. At present the Company is
reviewing a project located in the United States. The review is continuing and at present is incomplete. The Company
has not made a decision whether or not it will proceed with this or any other opportunities.......;


What a joke.... i love the last line, has not made a decision whether or not it will proceed with this or any other opportunities".

Basically they are saying in plain english.....

look,
we got your $$$, dont know what to do with it, not interested in making you $$$, so we will THINK about doing something, hope you understand.



ohhhh well.... i bet you FUT wont survive to the end of the Yr!!.