Ann: Half Yearly Report and Accounts, page-4

Also V...great time to be a contrarian investor..it seems the
Market, based on historical evidence, has little or no confidence
in GBM being any sort of meaningful player within the Gold sector
..despite clear evidence that there is unfinished exploration business..
within highly prospective existing Vic. gold Permit areas..

To be sure, any positive announcement..heading towards
production status may well re rate share price to more
meaningful levels..towards 1c-2c..given current favourable
gold price and the ongoing struggle for the "Aussie" to tread
water in a deteriorating difficult global currency environment.

Cheers..