ann coming, page-12

Agree Bootleg,

I would suggest we will see a BRR Interview first by G Stokes, followed by an Announcement calling a General Meeting to approve the Yilgarn IP purchase option, Cap Raising to get PDY through until 31 May Oppies Expiry (should be majority exercised IMO) and issue of Directors Options. Next Announcement should be the final assay results from the drilling and then the JORC. Can't see the JORC until mid Feb at this rate and Stokes needs to update the market so we have some clarity...

Yilgarn - It's clear Barnett wants Chinese Involvement in the Oakagee project, is not happy with the slow progression and stalling tactics from OPR and is under mounting pressure to make a call on them. Saunders has the contacts from the Yilgarn Chinese backing (and now the Intellectual Property) and would be one of the first in line should there be a material change to the OPR deal.

AGU having a good run today and almost at the 2.2 times Padbury's price I calculated a month or so ago based on their value of the JV / Shares on issue etc... Once the market has digested the Yilgarn significance we could see quite a large appreciation in the PDY SP as opposed to AGU and it will be difficult to calculate the two Sp's in relation to each other. The PDY SP will also now be linked to any press releases from both OPR and the Barnett Govt...

Wonder if there have been any Chinese visitors to West Perth in the last few days...

Interesting times ahead for all holders!