Afternoon trading February 17, page-632

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    OAR

    Perhaps the smart traders today the opportunity today to sell before people had fully assessed the announcement.

    Some illuminating examples from the report are offered;
    1. Halloysite was only reported in 24 out of 59 holes drilled.
    2. Very small intervals and mostly low grade.
    3. Only 3 holes were above 10%.
    4. Discolouration of the Kaoblinite may also be confined to distinct folds and only 4 holes had high Fe203, with most less than 2%.

    The outcome is that further exploration will now need to be undertaken.

    It may well rise but trade carefully.

    By the way I am not a mining expert - this is simply what I scoured from the report.

    V

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