Ann: Quarterly Activities and Cashflow Report, page-9

Completely agree. Our Lochinvar project already has a feasibility study showing the potential of the tenement. With a NPV of $400M+ USD it would already be a lucrative buy for many larger companies with the fundings to see it through to production. Even if management are trying to develop it with a JV, the numbers speak for themselves and necessarily need further drilling.

If cash is tight at the moment i would rather see it spent at Redmoor which looks pretty probable to see go into production in the short term. This will be our best bet at increasing our SP with what we have currently on offer, as i believe the market is already aware of Lochinvar but in my opinion Redmoor is still under the radar.