Ann: Lake Torrens IOCG Project - Drilling Update, page-120

Hi db,

I expect the VUD018 and VUD019 assays to be highly encouraging to say the least.

I agree that "TAS has copped a bit of collateral damage from FMG and CHK." today.

FMG (essentially now TAS's parent company) were off 8% today, which is a huge fall for a blue chip.

To make matters worse, CHK were off a whopping 63.8% today.

Whilst I sympathise with CHK shareholders, this will probably mean that investors now looking for a IOCG play in the Gawler Craton area, will turn to TAS.

My research into TAS and CHK revealed to me that TAS's chances of finding a major IOCG deposit were far better than CHK's anyway, which is why I bought TAS and not CHK.

Wishing you and all TAS holders a steady hand and good fortune over the next few days, weeks and months.

Greetings from Dubai.