Ann: Chairman's Update-BAR.AX, page-8

I'm LONG on BAR.......and there is very good reason

just with a small speedhump and temper trantrum on conico along the way....but that's all in the past

I have been informed the JV is working collaboratively extremely well on the Cobalt

But I'm in it for the Gold...I think Philips Find will make us all rich ....though the Cobalt has serious potential.....it's a world class project....its already drilled and ready to mine.....where else on the ASX is there such a brilliant project purposely for Cobalt.....

But the SP got smashed when Cobalt went into a spiral....the project forgotten....

Now Cobalt re-awakens...and the market understanding the long life, low cost project once again