brr.. and nobody wants to comment

well, the delayed brr report is the next best thing to a live broadcast throughout the state of south australia, of the mxr agm. watso can only assume that if the maxettes had been performing, then instead of a brr report, there would have been a youtube report.

watso is happy to accept the report by jockus - ie

"Watso,
They all performed live!
It was better value than Brittney Spears concert!"

ok - there was no lip syncing - but even watso is starting to think, that he would have preferred to see britney spears lip syncing, than to have listened to mr kennedy LIVE.

mr booth was different , and watso was happy to listen to mr booth, as part of his broadband connection fee (ie watso did not pay extra to listen to mr booth)

what mr booth did, was to confirm that selheim is a dud, as it is - and they need more reserves to justify a development. fatstocks has taken a quantum leap, and seems to think that "exploration target" is as good as GOLD - time will tell, if some of the exploration target becomes resources. to cut a long story short , but watso would be a bit sus about the economics of a project, that treats 50bcm/hr, at a grade of maybe .5 gm/tonne (april 2 , 2008 report - but since then, the resource at jacks patch has been downgraded, so .5gm tonne might be too high). the proceeds, would scratch to meet operating costs - yet alone pay for company overheads.

mr booth did confirm, what watso mentioned in an earlier post - and that is that the company would have to do ground geophysics prior to firming up drill targets for narndee. a bit confusing is the claim that the company had been approached to farm into narndee (perhaps watso should listen again - as maybe he got it wrong). the company previously had put the ground out for offer - and there was not much interest. why hasn't the company accepted an offer???? - if an approach has been made!!!!. maybe the company wants a better deal - but as watso mentioned, there is not much demand for base metal farm outs these days - and maybe the offers presented, are not all that exciting

the last time that watso looked, a lot of the tenements at narndee, had not as yet been granted - which would lessen the expenditure commitments - nevertheless, there would still have to be a annual commitment of at least $1m over the ground