placement and production update...excellent, page-6

All comming together OK - give management a break. Ramp up issues commonplace.

Although placement deemed necessary to fund additional improvements and exploration for quarter the dilution effect minimal. I suspect some of those in the know about the placement have been involved in "selldown manipulation" of the issue price over the last couple of weeks. In the current market environment its not hard to do this on pretty small volumes.

Next two months are going to be watched very closely and any strength returning to the share price will tell us what we want to know.

Very good entry point for "investors" and also chance to accumulate more to get your average price down.

Hopefully all good news from here and strengthening of the gold price later this year to boot.