Ann: Extensive copper mineralisation in third hole at Bottletree, page-67

Jeremy, monsoon season will reduce expenditure next qtr.

We have steam engine assays due, I'd think a resource upgrade there.

Bottletree etc.

If all these deliver, they should be before capital is needed.

Looking at things, they will be OK till end qtr 2.

We never can predict, but if bottletree is the goods and the sp goes 10c to 15c, a cr at that area will be good.

CXO raised pre mine way off there 6c lows.

The plan is to toll treat, if so getting a mine up is just strip a few m of overburden a truck the ore.

Gov approvals will be the slowest bit.

If it works the way I hope, we will need one cr for the mine, future exploration funds from gold Cashflow.

The ceo is a thinker and I'd think knows that's the best way without dilutioning badly.

Hes targeted shallow drilling to get the best bang for buck. They have issued alot less new shares than many cos I know, also there accumulated losses are pretty well contained low showing lean over previous years.