Ann: Appendix 4C, page-2

Gee the estimated expenditure figure (46.5M) for the next quarter is high. It is roughly the same as the October 4C (47.1M) but you have to remember the October figure included the 9.6M dividend payout. The big jump is the Matter-related expenditure and the Admin and Corp costs that come with it (combined 39.5M up from 25M). I know my figures are estimated v actuals but it is a fair difference.

IMF needs an increase in receipts from customers sooner than later.

Anyone see it any differently?

Warrigals