Ann: Frewena Drilling Update and Jean Elson Geophysics Update, page-155

Wiffa.

How is PIO, now ESS, going after Crook got it going and pegged all the fantastic land they have?
He made money from cesium when everyone laughed at him for chasing something so useless.
Now they all want to find more.

In my opinion their success is little due to the new management and, if you are honest, you will admit that.

This is the problem with the thinking of brain dead Aussies, they cannot see that it is far better value to pay $1,000,000 and have success than to pay $200,000 for failure.

The Americans know that, and a few Aussie companies, but you never stop reading about the huge salaries that some company may be paying and how it should be stopped.

FTFC & P

Lockitt