Ann: Entitlement Offer - Dispatch of Offer Documents, page-6

It's a favorable WD sale, and this bottoms fast and probably moves up mid-1s in - all speculation, but I can't see anything else moving us short-term. Raise in pain if the above doesn't transpire perhaps small JVs keeps the lights on re Anns.

We have Newcrest likely starting in March, pending rain stopping for the wet season. There is not much left for us to re-rate in the near term (1-2m ) with WD going. It's critical beyond belief, to be honest.

The next issue we face after the above is Con Notes vs drilling - share price probably reasonable Ahhhhh it hurts to say.

fingers crossed big time