Ann: Company Presentation - RIU Melbourne Resourc, page-8

re: Ann: Company Presentation - RIU Melbourne... they have not really mined anything from Alliance, they will be doing a bulk sample in the next few weeks.
I bought back in recently as expect they will be hitting where the reef is suppose to be in the next month, still very speculative with Alliance based on the poddy nature of the ore body and the relatively wide spacing of the drilling .
At least they have the open cuts to allso provide some income in the interumm the cash position is a worry but is partially reflected in the low cap.