G, page-6

0.5-1.0 Moz at Douze highly unlikely. Lots of drilling there and only a handful of good holes. Maybe a few 10Koz... I think they're wasting money at DM, but they've got lots of cash to burn now so what the hell.

The deep DD drilling a bit disappointing. GRDD032 was a decent deep intercept & still open, but the other two holes not so great. GRDD029 killed the downdip extension of one of the previous hot holes (GRRC217 - 65m @ 7.7). However, deeper drilling is thus far fairly limited and there's some hot grades locally, so underground high-grade potential still exists.

I think the Chinese control has effectively put a cap on the share price. They don't want the SP to go too high as they will before long buy out ANL and will want to do so as cheaply as possible. I hope I'm wrong...