state approval to commence drillling granted, page-25

Thanks Ronnie,

I am not a huge believer in this gap theory but it seems to be correct about 50% of the time imo.

I am not really too bothered though as my entry was below 40c and I intend to hold until we get the drill results and a JORC.

This should be quite quick as we are only drilling 4 (maybe 5) holes so most of the old data will have already been prepared for JORC awaiting the new drill hole data.

TRH may bounce around a bit over the next few months but I am sure we will see a much higher price pre drill, pre JORC and then once the JORC is announced.

We also have the added luxury of having RAD hard at work and they should produce something useful over the next few months as well.

So who cares about gaps?

EB