Ann: Board Changes and Appendix 3X Notices, page-25

The monthly volume continues to crater as the downwards trend (triangle) reaches its apex. A surge in volume is likely soon in my opinion on a 'volume break'. Clearly we have fundamental news coming soon whether that is drilling Billy Hills or some of the more speculative suggestions of a take over/buy out ? Whatever it ends up being a surge in volume interest seems likely and a decent move one way or other. When one considers cash on hand a little under AUD$1 million and a market cap in the mid AUD$2 millions and a heap of projects and a key one Billy Hills primed for some decent drilling (and results ?) I hasten to suggest an upwards breakout on the balance of odds is more likely. I have been wrong before but also got some very correct and on point.

Either way I don't think it'll be much longer until Mithril makes up its mind.

JFI