SPQ chart, page-1954

Nearlydun, the markets I assume are looking at the obvious.

Where's the drilling. Where's the cash.

But there are a raft of other exploration that maybe going on.

1. Mapping the gossan more south. That is critical Considering it's open and a second wall rock zone has been interpreted.

2. Mapping the surface soils more west. There is a 500m magnetic target, just 100m from hole 10 collar.

3. Aging the deposit, a portion of this is putting devices down prior drill holes to gather data.

Now they did map the gossan and interpreted the second wallrock without telling us they were doing that.

Going back, they went to windmill and did chip samples, the same.

What's important is surface mapping bottletree and aging it, before any farther drilling.

On money I doubt Peter has let cash go to 700k without plans for a top up.

So one should not worry about that. There are options there.

Cash as part of a jv.
Potential cornerstone.
Possible sell off of something like nickholson.
Finance, off take type against existing resources.

I'd rather surface mapped than drilling as it would provide better targeting for it.

Overall there are reasons why the drill is not spinning and they I believe will be valid / good.

Spqs projects should be measured in years, not weeks, not months, not quarters.