Good luck to you Peakabooau. There is certainly no shortage of...

Good luck to you Peakabooau. There is certainly no shortage of shares for you to buy. Like everyone, I am eagerly awaiting the exploration results promised for this month. It would be quite disingenuous for it to be released on the 31st - but that would confirm my present glass half-empty attitude towards management.

So what's the upside in the next 12 months. Mountains of cash that make the PE ratio so compelling it becomes a raging buy. The big issue is what is Dan going to spend it on. Dividends, a share buyback or another mine. If these current mines are so good (and I think they are - Hera/Federation; Peak/Great Cobar and Dargues Reef) why not invest in this business and buy a couple of hundred million shares back. For me, that would give me a shot in the arm - the fact that management believe the current business is better than any new reasonable opportunities.

'Copper Ready' is mystery. It is either Great Cobar and its pending exploration results, PEX over the hill or maybe even good old Nymagee. Perhaps even a merger with Aeris and its growing Tritton Mine across the way.

I don't expect Dan to give us chapter and verse. But he can give us something soon I hope.

Best wishes all.