under the bottom line:

little or no financing, little or no drilling, little or no hope for Beetaloo and the shareholders.....is this your perception ?

BOTOH there was no hype or significant SP increase to discover during the preliminary stage of other financings or PPs.

And the current SP in 2010 between 20 and 23 cents, is more or less a surprise anyway, in the light of the prevailing circumstances......

As Beetaloo is the poping point in 2010 the S 1 has to be reentered, drilled deeper, and fractured in the coming 4 month time window, no matter where the money is coming from.Bruner can not risk to abandon operations for want of money.

My gut feelings tells me, that some news will hit the wire soon and change the entire picture in the second quarter 2010, fingers crossed - FO is not done yet.