p grid results, page-23

re: botswana listing this week

In order for the DNL lisiting on BSE to get up and running a seller from Australia will need to move their liquidity to Botswana, and there will need to be a buyer waiting in Botswana. The whole process seems quite clunky to me and I doubt it will be a major fillip for the shareprice. But we live in hope that there are funds looking for this kind of product (ie: dual listed entity drilling Botswana), and who are prepared to go through the process.

Technicals look good, MACD, RSI etc, but trendline resistance at 25.5 is capping and below there a move to 20 cents can"t be ruled out unfortunately.

GL