From 10-K filed May 8:

iquidity and Capital Resources

For the three months ending March 31, 2009, net cash used in operating activities was A$5,397,825 (2008:A$2,060,930) primarily consisting of the net loss of A$5,890,849 (2008: A$4,190,834), decrease in accounts receivable of A$570,777 (2008: $(735,468)) and offset by an decrease in accounts payable and accrued expenses of A$1,019,931 (2008: A$762,641); net cash used in investing activities was A$2,696,689 (2008: A$519,484), being for the purchase of an investment for A$2,368,000, trading securities A$377,658 (2008:
A$710,072), motor vehicles, geotechnical software and field equipment for A$486,419 (2008:A$193,147) and net of proceeds from the sale of trading securities of A$535,388; and net repayments under financing activities was A$67,417 being for lease payments for the purchase of motor vehicles under finance leases (2008: A$nil). At March 31, 2009, the Company held US$14,598,432 in interest bearing accounts in US banking institutions which when converted to Australian dollars results in a foreign exchange gain.

As at March 31, 2009, the Company had A$111,342,241 in cash.

We plan to continue our exploration and pre-development program throughout 2009 and anticipate spending A$36.4 million on exploration and pre-development (including A$7.4 million for capital items for exploration and pre-development) A$3 million on investments and A$9 million on administrative costs. However, if exploration and pre-development results are positive, we believe that we have the cash resources or will be able to raise additional equity capital in order to progress our exploration and development program at a faster rate.