The bit I like is as follows:"Technically, Aminex is obligated...

The bit I like is as follows:
"Technically, Aminex is obligated to drill a further well on the Nyuni block in 2011, with Nyuni
West being a possible target. However, the Tanzanian authorities have indicated their
willingness to negotiate a completely new PSA ahead of further drilling, and we expect the
second well to fall into this. History suggests that Aminex will be able to agree a new
timetable for the second well, and we therefore assume just one new well on Nyuni during
our forecast period."

Means that we will only need to find funding for one well for at least the 1st half of next year, and maybe the 2nd half too.

Estimated cost of drilling fist is $15m our share would be 20% or $3m. Hopefully that is late 1st half 2011 (callender year), which would allow us to capitalise on any success in UK, and WA, and hopefully have enough cash-flow not to need a secondary raising!