todays market, page-14

I actually meant 5.8.

Announcement?

Well for one, once this large buyer crosses the 5% threshold, they will report it to the ASX.

I suspect they have another funding trick up their sleeve. Probably a placement to this big buyer once a predetermined price is reached. They buyer is expected to take a position of $10M (20%) and they aren't going to get that by just buying on market, there just isn't enough loose stock.

And I reckon they have an increase in lease acerage to announce soon.

Pnce they pull out their next funding announcement, I reckon they will expand the drilling program from 12 holes to 40 holes which is what we need for JORC.

The big one, a JV partner I don't think they would have that this soon but it is something they are developing.

Thats my best guesses, maybe there are further things to announce about the ore body etc.

I reckon they will