Ann: Brief Update , page-47

As always Timber, some sense in this panic talk. Oscar, the reason i didnt mention west wyalong is because i dont see mgt pursuing the project in the short term..I remember frank saying at the agm that the soil samples werent to his liking. Another option to raise cash would be to possibly sell WW and focus on SJ and other potential producing gold assets flagged by frank. In regard to CCD im not holding my breath ss we are yet to receive further details as to its realisation, however if ord can pull this off itsa company maker in itself as the return would be worth double our current market cap and this assumption is based on 10% of the $400m paid by Gram.