Ann: Quarterly Cashflow and Activities Report, page-18

I was very happy to pick up most of those .8c shares. Very happy that PTIA is involved and subsequently increases the chance of obtaining ongoing revenue some time this year (hopefully very soon). And WWI is fine with cash until about Xmas. So as far as punts go (as I have stated before many times) I don't think you can get much better short term potential at this end of the spectrum for the risk. Even better should we retain SA.

I really like the way that WWI is chasing revenue to fund its exploration program. Not many companies this end has the real potential to be considerably cash flow positive in a short space of time. Only the one hurdle to get past - so the punt is that they can get past it within the next 9-10 months. I punt that they can so great short term prospects at least. Longer term I do expect some problems - still don't like the corruption in Indonesia and if WWI starts to become successful expect some argy bargyin in the medium to longer term. Based on experience.