attended agm. very impressive, page-30

Gringo

There are profit takers at every level, some people are hapyy with a 5% return and they are out, some 10,15 ,20 and so on, we will always see people take profits, what is really going to YML an edge on top of their asset's and management is that there are not many free flowing shares available, the stock is very tightly held and really has a relative small share register, today is a classic example of how fast things can move with a poultry 600,000 shares traded.

Now that we have the eastern states looking at YML slowly but surely, this is when we will see some serious money potentially flow into the company, sydney and melbourne have some serious big hitters and it will only take one of them to take a liking to YML and we will be of to the moon and not come back.

YML is clearly leading the pack of the small IO plays and will get the rating it truly deserves very very soon. With WR at the Helm will also raise many eyebrows as to why he left BHP, he didnt leave BHP to join Yilgarn for nothing, he know's what they have and obviously has taken a very aggressive aproach to move YML forward, he has done a huge amount of work in the very short 3 months he has been steering the ship.

I think we are onto a clear winner with YML, 2008 will be a massive year for us all.

Im still calling for $4 or $5 by the end of 2008