55c valuation coming, page-3

Cheers Tech. I've heard a preliminary JORC by year's end of around 500,000 ounces, but some feel that could be looking at 6M ounce resource. Big boys have been sniffing around already apparently. Farm-in arrangement may be looked at where big player comes in, stumps up the development cost. Aim to make it progress more quickly. MD knows West African geology as well as most I've been told. Most of this some will know. The other point I'm told is that Colonial First State have said informally that they will provide as much funding as the company needs over the next two to three years: potentially as high as A$40M. Interesting stock. Seems to have consolidated at present levels.

BUSH