Ann: Daily share buyback notice - Appendix 3E , page-5

IMHO it may be an institution who wants to get out - over the last 6 weeks or so there were a couple of days where there was a fair bit of buying early in the morning between 16 and 17 and then a seller would come in and take out some big bids pushing the price below 16 cents. Can't really understand why someone would drive the price down after such strong starts other than to say they had to be pretty big shots it was on heavy volume.

I still think this has further to run given the exploration results of the last quarter - the mine is still open in all directions so its only a matter of time before the cash NTA catches up to the shareprice if it stands still.