Ann: Curtailment by Aeris of Torrens Stage 1 Drilling Program, page-138

Monark- Davisite holds both so he wants to see both companies do well. His worry lies in the nonchalant actions of AIS with Torrens and how they seem to care less than ARE (based on the announcements thus far) and I suspect the debt they carry to persue further drilling. ARE on the other hand, we know where their passion lies. They will fight to the end to pull it off- it’ll make or break the company so they will persist until all avenues are exhausted.

So far, they’ve drilled two holes in what was a 28 hole campaign. Two holes mind you, that weren’t even top of the list with merit for copper. It would be good if the JV can get back on track somehow but it needs to start with AIS lending themselves a little more responsible and handing over the reigns to Argonaut.