45 k order, page-4

Someone wanted in at $0.13.

Still majorly undervalued in comparison to other similar comapnies on the ASX.

They have a good resource and huge potential upside.

They have a plant, camp etc. to continue with treatment of the stockpiled ore. There is about $25million in copper in their stockpiles that they are currently treating.

They have an offtake agreement with Glencore for life of mine.

Two issues are the so called Gino factor and lack of cash. Gino was in charge at Burdekin when thye had the Mckinnon mine and all indications are that it was run well so we will have to put up with that. In regard to the cash they need to get the stockpile treated asap.

They also eed to get the updated JORC and feasibility done asap and get the mining happening. Various small pits creates great flexibility for mining.

Good cashflow would allow for more drilling of further Breccia pipe targets and the potential mother load underneath.