Ann: Drilling Program Completed at Adelong & Sawpit Update, page-32

I think this has been gone over a bit, but why do you think the SP should be higher? There is history on this project of not delivering what was promised: some from this current leadership team, but mostly previous attempts.

A few months ago we were talking about defining resources, environmental approvals, further studies and finance to upgrade and restart operations - pretty exciting, but lots of risks yet to be resolved/mitigated.

At the moment it seems like they want to find/define a porphyry resource - potentially massive, but unattainable to develop for a small operator. So are they shaping for takeover instead? And is this just another non-delivery?

Knowing all that, where do you think the share price should be?