Ann: Change in substantial holding, page-46

$2.2mill in the bank as at dec 31st, make a minute EV, cheap drill, next to a plant with capacity. The MRE I don't think will make much impact, what I wold like to see is drilling after higher grade zones modelled from the stratigraphy work completed before xmas, just keep chugging away adding Oz's and the market cap will sort itself out. I'm also slightly dubious on the heap leach idea, I think its a distraction from the main game which is to prove up more Oz and sell it to NST or toll treat, hopefully into a rising PoG market.