rebound gains momentum - up 12.7%

Gravity hit a low of .225 cents last week but is trading at .31 cents this morning. While I'm not complaining, I would prefer a gradual, sustained rise to this whip-saw action.

Gravity has a very interesting drilling programme underway, (with the diamond JV with KIM perhaps the most promising prospect) and perhaps this explains the surge in interest. Excellent microdiamond recovery (up to 122 microdiamonds per 10kg sample) bodes well for the further exploration underway through DMA, its 40%-owned subsidiary.

Other sites of interest are the Gawler Craton prospect and the "Broken Hill" style gravity anomaly, both of which should see results by end of July.

This is an exciting time to hold after all the grief of the previous four months when the SP plunged more than 50%.

Upwards and onwards! Good luck to all holders

Gupper