yibbida yibbida its brewing, page-23

re: what will the day bring eb...wanty Wanty check out the table on the right hand side under capital raising page 7 of this Sally Malay release:

http://www.sallymalay.com/uploads/060517ArgonautMay06FillTheMill.pdf

It's from SMY - THX's jv partner at Copernicus - SMY recently raised $20mn for a number of puropses.

SMY has budgeted

A$2.5mn for drilling at Copernicus

And.....

A$2mn for "open pit pre-development" at copernicus

I didn't realise that plans were this advanced - the release above is dated May 2006 - if they were putting A$2mn aside for pit pre-development 3 months ago then maybe things are more advanced by now (3 months later) than I had realised.

I am glad I picked up more THXO today now.

I wonder if they will give us an update on the decision to open the mine when they release the remaining Nickel assays this week.

Could make for a very profitable ride over the remainder of this week

:-)

EB