Ann: Interim Financial Report for the half-year e, page-93

re: Ann: Interim Financial Report for the hal... "At around 4c, I can't see how ABU isn't a good buy? Not a lot of downside". With any company that doesn't produce anything and has a market cap $130M, there is room for downside. 'Bargain' exploration stocks with nothing but potential are typically below $20M, 'good' exploration stocks with something that may be mined in the future are typically in the $40-80M range, so there is always risk with a $130M market cap IF people stop buying. Still, the likelihood of substantial downside risk below 4c is fairly low based on their high grade OP resource. I cannot and don't want to see 5moz JORC resources anytime soon. This would require money spent on Bucaneer to get the bulk ounces as OP while high grade is low tonnes so doesn't increase as quickly. Focus must be on trial mine, permits, full scale production. Those three things are the only things ABU can control that will re rate to SP. (POG being another but outside their control). 12c next year if they can produce 100koz.