Ann: Mining Proposal Approved for Altura's Pilgangoora Project, page-61

The mining licence was a given. It was already priced into the SP, thats why we did not see a big rise.

Did anyone think they were not going to get the mining licence? No, it was a matter of time, so no big movement.

Finance is another thing. If/when these guys get a favorable finance deal and start mine construction, we will see some movement, as it will be moving form an explorer to a producer.

Once production starts, movement again.

This is what we are waiting for now.

Next announcement please AJM.............................