trading halt, page-52

I suspect that when CC returned to work today, they had drill results awaiting them. Some probably were spectacular. I suspect the good results are from a new area that they have only recently started to drill. As such it could be a complete new field. It takes time to analysze what they have and put it into good words and diagrams.

The punters are also waiting for the U/G mining permit which is months overdue because of bureacracy in the WA D of Mines. Must be cleared very soon.

The future of IGR at much higher SP than present, is a longer life mine. This will cme from Majestic, new areas and most importantantly CEB; Santa and Maxwells.

Present MD suggests 56c open tomorrow or Thursday.