Ann: Gascoyne Resources Update, page-14

After the May update, it jumped to around $2.30. Confirmation of full year expectations (which I assume will happen as there has been no Ann to the contrary) and a reasonable order book should be enough for a decent lift back to $2+? Given the progress and current a likely short-med Gold price , Nwh’s position at the mine has improved no end. A one month delay to a capital raise under the current DOCA is disappointing but should not have a lasting impact IMO. Of course a liquidation will not be as good as far as I can see but then an overwhelming majority wanted the raising so I hope the court see’s the case in the administrator’s favor and we move on in September. Should be many other things in the pipeline in the next few months. In the absence of bad news, current price looks enticing. I read somewhere full year is due 13 Aug?? Last year was 22nd?? GLTA