Ann: Strong Drilling Results at Sorby Hills, page-31

Yes, I agree younginvestee, I have been on the Sorby Hills project site, I have seen the rows and rows of drill core, I have spoken with the geologist from KBL (the previous owners), I have driven on the all season sealed highway from the site to the port at Wyndham, I have seen the ship loading operations at Wyndham (Panoramic Nickel), I have read the detail of the "approved" environmental plan, I have spoken to the planners (from KBL) about how they plan to truck the concentrate to the port at Wyndham in special sealed containers, I have spoken to members of the Aboriginal TO group and they are supportive.

All approvals are in place. The other part owner of the project Henan Yuguang 25% are fully supportive and could very well agree to take all the offtake concentrate lead, zinc and silver product and possibly throw in a large part of the money to get this project going.

If I recall correctly the previous owners completed a PFS and established an estimated construction and start up cost of around $90 million. Very Doable !!

16.5 million tonne at 4.7% lead = 775,000 tonne of lead. The current LME lead price is US$2071 per tonne

775,000 tonne x $2071 = $1,600 million US. No allowance for zinc and silver in that calculation either.

Most of it is at shallow depth.

The share price at half a cent is a  almost unbelievable. This should be at 5cents now heading to 12cents.

Someone mentioned on this forum previously, that the market is clueless. Well until these shares are trading at 10 cents minimum then I'll agree with that.