Time frame, page-15

Hi Kolubara and all,

Well I guess Phil Kelso could have done the same as David Breeze put together a plausible argument to his shareholders and raise the money that way. I don’t recall DB putting up the money it all came from the shareholders.

The only difference I can see is Phil is an oil man and David makes money mining the money markets. And I have to say for a bloke that has yet to deliver on his first market promise he is not bad at it.

I’m only guessing a drilling program now or in 2018 will be in the order of $50 M so I would be expecting some sensational CR work in the future.

I checked some old notes and you are correct the original costing was for $20 M can you remember how much they got in the CR at the time.

I think it’s wonderful that you support the ASX small caps and I wish you great success in doing it in the future. If you are making good money by ignoring the history and facts you are obviously a great deal smarter than me!

Cheers and very best regards: Andy