Ann: Change of Director's Interest Notice-SMC.AX, page-2

Hi Eshmun First of all a sad note - I did not know Wally Martin had passed away - really sad to learn of his passing. I have not looked at SMC much since I sold into the takeover by Chris Wallin. I was told by their geologists my area which included Mowbray was not the focus and I guess I always thought Sandy Creek epithermals were fantastic -but for some reason never progressed. I did suggest to Wally I put one of my big gravity plants there but he was not excited. I think the Big Vein resource is solid and presumably will be developed. So the gollywogs were wrong about the Mowbray area -the prospector was right again ! An old mate in Richmond had big powdered milk tins full of nuggets -the caretaker had a milk billy full of nuggets and would be one of the best places to retire with a metal detector ! That is when I knew all that gold was coming from somewhere and that has been confirmed. I liked the look of the alteration there too- Cheers