Ann: Becoming a substantial holder from FNT , page-17

re: Ann: QRL: Becoming a substantial holder f... karmal, yes I do think the andewa assays have taken to long. Perhaps and I don't know this as fact but you might remember the lab who have been doing said assays was closed for renovation for a long period earlier this year so maybe no point sending cores until operational. Again I reiterate my theory with regard our drilling team, as I understand the situation ncm have no more budget for andewa until next financial year, we (fnt) have great drill team (economic & efficient) who would be idol and may disband so put them to work at only portion of cost (qrl paying 50% @ commercial rate I hope) so we maybe only paying 10-20% at cost and who knows there may be a bulls eye waiting.