Ann: Half Year Accounts, page-2

"Importantly, the Resource includes a high-grade core of 808,000oz at 2.0g/t Au (12.5Mt reported above 1.0g/t Au) or 417.000oz at 3.4g/t Au (3.9Mt reported above 2.0g/t Au)3. The Resource is also limited at depth by the extent of the shallow drilling completed at the time (150m to 250m from surface) and open to the north and south."

Whats 417k oz's worth at a 0.5 cut off ? ....... The gold price is - $AU1841 , being conservative say asic $1000 thats still $350 mil after costs, excluding shallow capex. Open north south, deep etc

Mkt Cap $80 mil - $350mil profit minus capex in the ground!! - SP - 41.5c - Anyone else thinking great value long-term or even medium term?