my comments on the quarterly!, page-7

igo4it,

The quarterly details a significant shift in the AAR plan of attack and shows clarity of direction.

In my opinion it is the first time that AAR have really shown that they too believe Koongie is real (not just blind shareholder faith) and that they are moving ahead in a logical and methodical manner because it is simply just going to happen.

We are now on the cusp of the Koongie dream becoming a copper reality.

I also keep a spreadsheet for personal use of estimates on reserves, costs per lb etc gleaned from announcements and other published materials and my workings tell me that it looks good. If it didn't I wouldn't still be here.

I do however prefer that AAR tell me what they have got and under what conditions they think they have it. :-)

You may well be right that an updated KP financial model will not come out before the feasibility is complete. If that is the case then they should just simply remove their statement from their website that they will "update the financial model and it will be available late December 2009" and be done with it.

I work on the simple theory of if you say you are going to do something then either do it or reverse your decision and say you aren't going to do it. A very simple philosophy.

As for the rest..... Well we just wait for them to work through what they need to work through and hope that at appropriate times they release some info to the market that may assist in edging the share price higher.

If they don't then it will all just become so much harder for them when they reach the time when they need to raise a little cash to get Koongie producing.

I just prefer that they be trying to raise capital to fund Koongie from a higher base than what it is now. That is just simple mathematics. The sooner that they realise that the right type of communication will help that happen then the better off we all will be.