Ann: Addition of Goldsworthy East Iron Ore Project, page-18

Market says meh.

Though I am with thebarry111 on this, it is amazing that anything is happening at Kogi so this is a good sign.

Even if it was the office boy who found this old discarded tenement, the fact that there was someone in the office to sign off on it is a huge advance.

And this is a major advance for Kogi as we haven't paid anyone a ridiculous amount of money for a barely worth it prospect, because the previous chairman was too desperate to do any due diligence.

Kogi has picked up this tenement because someone was paying attention to an opportunity "E45/6248 was applied for following the withdrawal of a previous application over the concession" and very importantly "No third-party consideration is payable".

So maybe nothing to get too excited about yet, but possibly some green shoots in the behaviour and operation of the board that may grow into confidence that there is someone home who knows what they are doing.

Obviously time will tell. But I agree thebarry111, very very very cautiously hoping that things are on the improve. Sure there are huge questions marks over this acquisition, but it hasn't cost anything other than the application fee. So that in itself is a positive.

gla we still need it.