Ann: POSITIVE EXPANSION STUDY RESULTS PROGRESS HONEYMOON TO PFS-BOE.AX, page-6

I think both BOE and BKY will do well in the next 2 years as the uranium cycle turns, I was buying up goldies for pennies on the dollar 18months ago when no one would touch them, I feel the same way about uranium right now, we are looking at 500-1000% runners when the market turns.

I do have a preference for BKY right now though as they have that lower cost it makes them slightly less risky they are going for bigger production bigger upside they are also in europe not alot of uranium comes out of there gives them a strategic advantage, that said they will need alot of money to get going and they have alot of product to shift.

At the end of the day it won't really matter will it, you can buy either when the cycle turns they are all going to run like crazy, there is less than a handful of decent uranium plays about not much choice.