thumbs up take up, page-13

Early perhaps to demonstrate my conservative view on CSD progress I could highlight your first statement.

"At the very least, we should see that the company has ticked the next box by meeting the JORC update as scheduled."

Are you aware that in the April 2012 Presentation by CSD at Capetown they stated "JORC Resource Upgrade expected Q2, 2012"? If it is released in June, it will be a year later than they stated. If I am not mistaken, the latest news from CSD said that the JORC would be updated to include data up to September 2012. That does not seem to me to be "good progress". On top of that, is it true that the expected "new" JORC will not increase the one from 2010 by much?

If the only news that comes out in June is a minor increase in the JORC that was promised 12 months ago, I'm afraid I wont be taking that as a sign to take up any entitlement.