Ann: Coola exploration programmes in full swing, page-7

Hi Ski, Not mentioned, but if it is there in quantity, Flourspar (Flourite) is worth around US$300/t ! a nice by product to have or even a parallel operation........

The Coola block certainly has the potential to equal if not exceed Longonjo, and can therefore cement Pensana's position as the number one producer of Rare Earths in the World. As I have said previously it is time to think in terms of the BHP, RTZ, De Beers, Newmont etc of this World .Considering that there are numerous single deposit 'wanabee' exploration companies out there with MC's of $40-100M,

I think that this news should at least be worth a minimum 30-40c to our SP !A good BFS next week could see us approaching the $4 mark !!! blowing all my predictions out of the ball park .