Ann: Quarterly Cashflow Report, page-5

The current number of shares on issue is over 2 billion & the current SP is 0.001 cents.
The only way forward for CUL is a 50 for 1 consolidation, making the temporary SP = 5 cents. Followed by a CR @ say 4 cents.
This would only work if prior to this move, they promptly did some extensive drilling & found something worthwhile.
Otherwise we would very quickly head back down to a SP of 0.001 cents again and be 10 times worse off than we are now.
I am not holding my breath on this one.

PS. Good to see the reduction in board members but IMHO too little too late. Cheers.