down in london, page-5

it will be hard to see AIM move according to the price of zinc. Like many junior explorers waiting to bridge the gap between production and exploration, AIM will have to prove to the market that the project can be developed and within the timeframes stipulated. And the sooner more information is forthcoming, the more we shall see the price move and in double steps or more i believe.

The good thing is that with the current deficit (of zinc supplyy) news and the obviously strong interest by many parties, even if the project does not go as hoped in June/July; i.e. more delays, then it will be a case of heading back to the current levels which is fine for ALL holders now.

One other thing I wanted to say was that if the placement is anything to go by, the deal for the project is a given and its a case of the mix. If that be the case, I am of personal opinion that the AIM will be worth at least its touted NPV, which makes the AIMOs about 20+ cents.

I hold 400,000 AIMOs so please do your own research as I could be biased.

DT