Ann: Robust Resource at Wagga Tank-Southern Nights, page-18

Hi Nij
Rob commented today that a “a lot of work went into it” ergo the report released today, and he appreciated my thanks and a compliment as I thought it was very good.

We agreed the market wasn’t very interested today but he thought that sentiment will change.

Peel isn’t an orphan at present there’s certainly many good company reports lately not getting the response usually expected.. that’s me speaking, not Rob.

I’ve done rough calculations of value of the resources
presented today (not including Mallee Bull) and concluded there’s no way I would sell until we are well above our highest ever price.
Peel at today’s very low price is IMHO an absolute gift!.
Perhaps Jim Simpson will muster the elements required to monetise the hard graft and high grade resources well discovered and better understood in recent years.

Cheers
Sarg