BLACK ROCK OIL: CHARTS, RESEARCH AND DISCUSSION (moderated)

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Edgein - Wed, 27 Dec 06 :

Vavoom2,

Gettin a little bit repeative there again, you want to go back to filter again so quickly? It seems that they had approximately $4m in the bank since June 06, £550k and an additional £1.4m odd. The additional funds were to fund Acacia and Chicala. $1.5m already forwarded and US$1m to go from the $4m, Acacia is carried by BLR for a total of $US1.5m approximately so the additional is required to fund Chicala and give a working capital balance into 07. We beat the issue to death previously, but I'm sure you can repeat it a few more times yet. ;o)

Regards,
Ed.

P.S. just in case you hadn't realised Acacia and Chicala haven't been drilled to date, may be that is the part that you don't understand.


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