Ann: Iron Peak Mineral Resource Significantly Improved, page-4

Mixed bag of lollies announcement IMHO.

+s
1. its great they have realised even MORE resource, and that the drilling done last year is now starting to get released.
2. Its great that this will improve early economics
3. 2 announcements in 1 week is good

-s
3. It mentions something about more exploration in the future over a 2 year period. - read appendix.
4. We know we have resource, get the initial thing going first, start making bank. Company needs some focus.

ALL the focus right now should be getting the first stage happening. it doesn't matter how much stuff is in the ground, it aint going anywhere and is worthless unless it gets dug up, and there is a time crunch if we are too late to market other companies will fill the gap.

My concern has been for awhile, consultants are paid by billable hours, they don't keep making money by finishing the job. The role of management is to push them to finish the damn job.

That is my opinion. Hopefully the market sees news and keeps the momentum that has started. some growth back into SP would be good.

I hope they give us another next week or a webinair or something.

management if you read this GIVE US COMMUNICATION
its all we are asking for, you have given a good start, keep going!