Ann: Venture to start Dry Screening Ops at Riley Iron Ore Mine, page-49

willo:.....I expect the SP to hover around these levels if not a little higher until the SPP is complete....Dilution is minimal as the SSP is fully underwritten and Cannacord are seeking to hold a position.....so they will be hoping like hell to get some under the 1.5ml quota to share holders...

Interesting to note a large share holder who sold quite a few a month ago, has now bought back in at a higher volume...I'm surprised no one noticed this notice this morning....

Also, the wet screening plant will cost around 4ml depending on its capacity......at this stage we do not need it ASAP.....I would expect a prepayment of I.O may allow for this or even internal funding from some of our patient larger holders....

I believe once the SPP is completed, we will see this SP mature very well....I also, expect plenty of upside in the SP from news of our other tenements....Cheers.