Ann: Commencement of Mining , page-11

Taking a massive punt here as I'll be exercising the BAUO I hold. Shame the market sentiment is so bad at the moment, but IMO China's demand for resources isn't over.

Furthermore from what I have read of late, China will deplete it's supply if bauxite within the next 8 years. I have little doubt that the demand for metals such as Aluminium will come back in the next 12-18 mths. As we well know Darling Ranges bauxite is of superior quality, leading to lower cost smelting and ultimately greater profitability for Chinese aluminum smelters.

In my hinest opinion, in the months and years to come don't think the company can go anywhere from here but up.

Trial mining should be fairly straight forward and inexpensive. That should get the cash flowing.

That said, a risk still does exist and some things such as the market are even out of managements control.

Anyone care to share a negative view? I'd very much like to hear both sides of the equation.