Ann: Quarterly Report (December 2011) , page-20

It is not unusual for some to believe that a drilling programme is just as simple as step out drilling at 500 to 1000 metre centres in the hope that the deposit is a simple tabular and laterally extensive deposit. A poorly planned programme can kill a resource.

Having paid for the geophysics it is generally held to be wise to design a drilling programme that uses drilling funds wisely, while allowing for the geophysical model to be refined and developed, ground truthed, used to help design/modify future holes/drilling programmes, and assist in firming up resource levels without the need for costly early infill drilling.

All I see is sensible, practical activity planned and executed by people who appear to have the view that doing the job in a workmanlike manner is the right way. If the programme doesn't meet the needs of some critics for instant answers use the "Sell" button and save others from having to read drivel. Within 3 months much drilling will have been completed and then we all will know a lot more about what we have.

In the meantime with the recent appointment we have doubled the horsepower at the high value deal doing end of the business, and the resume reads pretty bloody well. Once again, sounds sensible to me.