sc 63, page-17

Must say, I was surprised toady, not by the announcement but by the reaction of some and the market. Here we are nearly sept and a lott as it seems were clinging to a drill in Nov. Really!I attented the AGM in May and asked the question directly, "will there be a drill in 2012?" They couldn't answer as they didn't know. I instantly drew a line through , drill in 2012.Not great to make investment decision on such small percentages. You didn't need to be at the AGM to realise there was only a very slim chance of drill this year. Nothing they have said since gave me any confidence at all that one would get off the ground so surprised that today when they finally just put it in print there is a reaction of shock and awe. I totally agree that Phil hasn't struck a blow for NDO yet bit I'm confident he will be striking quite a few. People are gutted today as they clung to some hope of a drill and we're back to 3.7 but won't be so bad when sc63 is included with a couple of others next year saving the 6 mil. Let's hope anyway. I like the last line of the announcement, "allocate these saving to additional exploration activities" Good buying today IMO. Looks like more of those to come though.