Ann: Acquisition of Two Slovak Co-Cu-Ag Mines, page-37

Ok Thanks.

I'm keeping my eyes open for another P&D scenario but it doesn't feel like that at the moment. Apart from the pumpers making a sh#te load of money would it be fair to say the goal was the $20M CR?

I'm not sure they even need to pump it again unless the drilling campaign nears completion and they need more cash or an exit point for the major shareholders. There is so much happening over the next 6 months and the potential is HUGE that IMO a dump would be premature at this point in time.

I noticed you had EUC as a buy in August last year at similar levels. What has changed in your mind since then? Fundamentally for me things have gone forwards not backwards. By the the end of the Euro spring we will have quantified the quantity of cobalt in the dumps and hopefully even found a few veins (hopefully) as well as all the other modern techniques they will use that have never been employed at Dobsina before.

Appreciate your thoughts, especially if you honestly think there is a P&D scenario unfolding.

FYI - I bout in at 22cents and got caught in the pump F#ck it ;-)