sad state of affairs, page-6

At the end of the last Qtr they had $1.386m in the bank.
(does not include performance bond which they can't use if
they are going to drill)

This quarter they will be spending $0.42m so they have less than $1m
to drill providing they don't do any seismic.

With a market cap of only 3m it is difficult to see how they can raise
any more cash particularly as the last cr earmarked for drilling was frittered
away without any drilling.

Looks like their only hope is a large hat full of bunnies.