soc pmr annual rpt, page-2

noairbags

Do you dig up announcements and pose open ended queries for the sake of doing so ?

Is this a flagship asset of SOC's - no

Has any upside of the asset been priced in - no

Can SOC afford to explore this asset concurrently with mt adrah - no (on face value)

You also conveniently forget SOC picked up this suite of assets under the Mt Adrah deal, in which they paid $700K, kept Mt Adrah and then farmed this out to PMR for $800K consideration

SOC are moving a non-core asset into PMR (of which they still retain 80%) as it provides flexibility in raising additional capital to explore the asset by the looks of it

There performance of late leaves a lot to be questioned, especially shareholder communications, however that isn't to say your constant open ended questions like this aren't simply laying the boot in

Perhaps tell us why you should be worried about this, AceA, Ibam hill or any other issue you have digged up of late which has no relevance

Mt Adrah, Gibsons Lode (and the wider Halls Peak/Broken Hill) and the $21M Jiangsu JV are the real assets