Ann: Baragatan-1A Update, page-43

afawcett

your 2-3% is based on what? the MC, or the net margins?

i say pay 30-50% of the net margins, and let the sp re-rate upwards?

can the company afford to pay 2m? shove that.

the company can afford to pay 20m if it stuffed its exploration up its jumper, and just spend on any development that nets a gain. (after west L or galoc north = at least 2 cash cows on line)

Your 2m thinking is the wrong box. the wrong ball park. thats just pacification money. keep the shareholders quiet.

Have a look at the quarterly box next to exploration.

What has the Indo drills cost us? why take a COS 20% ? its ridiculous.

My business model 3, sets out how to get the shares to 10c.

Please provide another.
The 2m, .1c divident you suggest doesnt cut it. That wont get us to 10c.