timelines, page-44

hey merv,check out a few of the past brr interviews with md Neil Marsden,he states that the current drilling under the existing Horseshoe lights pit will be a "game changer",and all indications from EM surveys and gravity anomolies suggest they will get a good result.Drilling should be just about concluded by now,and also the drilling contractor DDH1 doing the drilling on "favourable terms",as stated in previous announcement is a positive sign.Our corner stone investor,Investmet limited is a micheal fotios controlled entity,and paid 27c per share for their stake in HOR about 12 months ago.HOR,and Fotios' other play NST actually had a bidding war over aquiring Horshoe lights a few years back,which hor altimately successful,so fotios had to then aquire a stake in HOR through a 27c placement to get exposure to the project.Also,SFR have there huge degrussa operation only 75km from horseshoe lights,so they will be keeping a close eye on HOR as they will nees more ore to feed their plant when there short life span mine runs dry.Hope this info helps.:)