yesterdays announcement, page-2

Thanks, Peter.

I agree with Mike's approach. I'm tired of hearing that Mike should have drilled around our "best" hole instead of going out to THD14. Firstly, you only do that if the "best" hole is a discovery hole (like at SFR and even SIR). Secondly, Mike has a plan to define limits and controls and in fact it is better to show a widespread structure rather than keep drilling around where you already know there is something (unless, as I said, the "something" is of course the company maker).

For funding, we should do a renounceable rights issue first to see what that brings in.