Ann: On-market Share Buy-back, page-32

what proof do you have for that statement? You know there’s a certain thing called meeting expenditure commitments which they are legally enforced to do… to keep the tenures under their name. They need outcome based work programs and that requires increased expenditure and escalating exploration programs as the tenure years progress. Therefore we are obliged to undertake drilling at TC. Once they find something they are only going to increase the drilling and prove up a resource. I agree it’s more likely that we get taken over unless our market cap substantially increases before the interest arrives. One thing is sure imo, there is a lot of copper under there, so by the time a takeover bid arrives the share price definitely won’t be around 1c.