cethana, page-3

Hey Brett. Thanks for the best wishes. Appreciated.

As to Cethana - yeah, it's a really interesting one - blue sky. There's little value in the PLV price so if nothing comes of it then there's little lost. If something comes of it then there's a lot to gain. It's relatively cheap to explore and, most importantly, accessible.

Cethana is pretty big - the magnetic signature of the target that we are testing measures over a km in each direction. Thats a lot of real estate with real potential. Better still, it sits in a belt of rocks that has produced some monsters.

No, the last holes were not a disappointment. Exploring this sort of target requires several rounds of drilling to home in on any concentrations of metal within the larger target. You have to look for the clues that ultimately lead to the discovery. That takes time. We are not ramping it. Our aim is simply to prove it up to a stage to be interesting enough to attract the focus of someone larger than PLV. Let's face it - our focus is Irvine.

So, yes, Cethana is definitely worth the follow up. Good potential. It takes nothing away from advancing Irvine.....and, yes, it could be something really big.

As to Showman, ...well, he'd better get used to me being the ghost in the machine! lol

Cheers
al