Ann: Maiden Bauxite Resource on track for March, page-9

at the moment we are doing the junior mining
thing called Treading water
there’s a ‘ L curve ‘ of mining but I can’t remember
what it’s called but we are in the lull before the
storm

the SP will just fluctuate as people need to sell
AMD every day but people don’t need to buy this
every day

early investors got in, inc me , but we are small
fry and we can’t drive the SP up on our own

we just have to wait and then wait !!!

as I said the main investors get in just before
we start digging out the product and thus selling it

this is about 18 months away

so it’s a boring waiting game as far as I see it

I’m not Buying anymore stock as I’m in for
enough for me

I have PMT that I’m waiting 3.5 years so I am doing
enough waiting

Let’s just wait for the Resources ANN by end of
March and Flanno promoting it everywhere !

We don’t need to spend cash drilling anymore
We know how much bauxite we have as Vale
did all the drilling for us
save our cash - don’t waste on drilling even more

get into production ! Generate cash ! Drive up the SP

then drill the rest inc Simandu Iron