Ann: Change of Director's Interest Notice, page-9

The company has done things.

Notably the PLS deal saving the need for a capital raise among other benefits. A good independent scoping study albeit very late.

Everything seems to move slower than a snail though.

As for the share price, despite good developments it has not responded largely because there is no media coverage, no broker coverage, no investor presentations, the stock is not publicly noticed.

Absent are any updates on proposed drilling of the extension of the Main Trend or finalising the PLS deal.

Since Coulson gobbled up most of the shares available in the last week or two the share price has garnered little interest and is drifting again.

The question is why would Coulson buy so many shares? Surely he has some degree of confidence in future developments.

The information vacuum is frustrating, that said, any negotiations they may be engaged in are likely to be subject to strategic concerns and or confidentiality.

I can understand how long suffering shareholders approach Christmas feeling very frustrated, another year gone and no improvement in valuation despite some positive developments.