Ann: March 2011 Quarterly Activities Report , page-2

Not too bad considering. I am slightly impressed with a nymber of events namely:

"An independent review is a key aspect to both Canada?s NI 43-101 and Australia?s JORC compliancy for the resource estimation process."

why:

"A key strategic objective of the company is to update and expand its Australian JORC compliant mineral resource estimates to comply with other key international compliance
standards, especially Canada?s NI 43-101 standard. This will facilitate access to additional capital markets as required for the development of the Wowo Gap project"

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Then:

A significant increase in nickel extractions for both imonite and saprolite ore types has been achieved using the recently developed innovative bio-renewable organic leaching process.

Just have a look at the returns for Ni in the table on page 2.

Just great from my perspective.

Drilling Consideration For Wowo Gap:

"Mineralisation remains open to the north, south and west of current drilling. This is significant because in the context of the exploration program mineralisation for the Wowo Gap resource is yet to be closed off and further work needs to be completed to gain an accurate indication of the total resource."

Then another resource update later in teh yaer due to findins on recent drilling:

"A geological review of the assay results from the completed program has identified potential benefits from completion of an additional 40 holes to provide further infill information on some drill lines, investigate higher grade trends on others and also to investigate further potential to the north of the project, where historical wacker drilling shows mineralisation remains open.

Results from this short program will not be available until July of this year and will be included in an update of the current resource estimate towards the end of 2011 as a Stage 2 resource update."

So looks like a full on year with some real direction:
1. Testing and scoping study for new leaching method
2. Update to resource
3. Work meeting international standards for funding
4. Incuding locals re transport options due to cost of using helicopters p 5-6.

At last. Now to see some real action in the SP. We need all those options exercised for some additional input into the coffers.

Looking better