Ann: BONANZA ASSAY RESULTS AT MACAULEY CREEK, page-27

I think it was simply that other projects were prioritised and not enough funds to do it all without raising additional capital. Though there was a delayed geophysics program that was totally out of the control of anyone connected to Inca. A service provider's plane crashed halfway through a necessary program.

I don't know that they are currently looking but if for example, Wallaroo turned out to be a modest sized magnetite deposit it would seem a logical relationship to develop for both parties. Mt Moss is the highest grade magnetite deposit on the east coast. Wallaroo has a reasonable prospect of being a nice addon if exploration confirms. Wallaroo south perhaps as well.

If Wallaroo turned out to be bigger Inca could chose a different path. There is heaps of prospectivity at this project. However, if you don't explore you dont get to find out if it is economic.