all systems go, page-14

Frustraion Indeed ...

What we have seen a classic example of the weak longs getting out in an illiquid market as most of us hve been set at probably around 20 cents !

Like BDG we have to understand that actually trying to come up with an accurate JORC in the Nuggety Victorian fields is alot harder than other regions, but what this also provides those that are willing to hold on is the true potential that historically can show that the actual resource can be 2-6x of what was originally thought!

The leveage lies in the Option if you can get set for a good amount around the 5-5.5c market, problem is its only 10k her & there going through so easier said than done...

Given that we are so close to the end of the finacial year end 30th June, there could be a swag of announcements flow through in the 1st week in July ... but time will tell obviously.

Anyway we have waited this long a few more weeks wont make that much difference so sit tight and wait for the Ann.