Ann: Kamarga Drilling Update , page-24

SK, I know of no reason to believe that they're traveling according to previously published plans. The drill program is underway in Qld, they had a couple of problems early on via their drill contractors & conditions but they say they have another contractor & back on track. I await the results from those drill results with great anticipation. I hear those who saw the samples are happy with what they've seen but of cause they await analysis from independent experts. I've previously stated that I believe we have a 'new' RMG both in management & direction and I see no reason to alter that view. In short, I'm satisfied with where they are now (yes I'd like to have seen more, but so far so good).

To the second part of your question, yes I do expect something to eventuate by year end. What that is, I'm not sure but I'd expect drill results, possibly the announcement of a new project (it has been alluded to in prior announcements). On the broader market, I expect a significant last quarter rally in resource stocks & that will provide a great climate for any positive news emanating from RMG HQ.

TT, I too noted that our old mate & financial guru rrrrrrrrrroooooooooobbbbbbbbssssssssttttttttttaaaaaaaarrrrrrr (I think thats how he spells it) was having an enforced sabbatical.