Ann: High Grade Results and New Targets at Mt Isa East JV, page-21

Very disappointing reaction. The MC is a 1/3 of what it was when we knew 2/3 less. Go figure. Personally I worked in most of the areas they have tenements and many a company gave a way land that shortly after produced the biggest finds of the decade. The Cloncurry/ Mt Isa region is the gift that keeps on giving. With so much dirt it is only a matter of time before it is too much JORC's to not take notice. Seems to be the market reaction across the board though. Maybe the Queensland Land Tax grab has got everyone trembling, LOL. Just makes me want to buy in Tweed Heads and rent in Queensland.