Ann: KZR Grants De Grey Option to Acquire Ashburton Project, page-7

If you look at the chart, yes, 80cent seem to be out of another world, right?

I very often ask myself these days, how those valuations did appear to drive those shareprices of all the small and microcap explorers and developers. Then, I have to lean back and make myself believe that a new cycle. will start soon and the SPs wil go crazy again.

How do you guys deal with that? I have many of those companies now in my portfolio, doing the same as before, but SP drop is 70 to 80%. I know, patience is the key and every day, I tell myself the same to wait and see.