the annual report.

I just got the annual report in the mail today.

I was pleasantly surprised.

I in particular like the diagrams on Page 16 & 17.

Very simple to understand.

The review of Operations showed me JBM has more highly mineralised land in more places than I ever knew about.

Plenty of Nickel, Gold & copper.

Highlights for me are,

Emu Lake with 16.8% Nickel & 5% copper(same drill result)

Alec Mairs 15.5% Nickel

Cosmos deeps NW & SE resource extensions

Anomaly 1 possibly an open pit devolpment & the resouce around it extends in all directions

JBM could quite possibly be a Nickel, Gold, Copper & oil producer within the next 2 years.

100% JBM controlled non-listed companies; Sir Samuel Mines(gold) & Jubilee Oil(oil) did not seem to be mentioned in the report??????

Any comments?

Cheers.