E25 0.00% 21.0¢ element 25 limited

Ann: Trading Halt , page-5

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    from the last quarterly:

    Work at the Company?s Peak Hill gold/copper project included ongoing target generation and
    progress towards a global resource upgrade. A dedicated Project Geologist has been assigned to
    the Project and at the conclusion of the current phase of work, the Company?s strategy going
    forward with respect to Peak Hill will be reviewed.

    and from the ann report last year:

    regarding peak hill: 'Montezuma's strategy has been to increase the known resources to a critical mass which would enable the company to move to a feasibility phase with the aim of recommencing gold production at Peak Hill'

    im guessing they worked out how much gold we are sitting on
 
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