Ann: Potential For Phosphate Mineralisation at Frewena, page-229

GRUB.
Understand exactly what !
Due the company is short of funds, the funds raised have been used with no real outcome and still awaiting answers from drill of holes 9 / 10. In the mean time we are feed a story about possible potential of Phosphate holdings due what is over the fence, but have not received anything more than an Announcement about potential and we have been feed the potential line for years.
Sorry not buying it we are in a sad state presently and with no news at all in December from Management it has driven the price further down the drain.
Now we have the post MD acting as a general manager but still on the full salary and other people that joined us eating away at the funds which are going out the door fast.
We need some positive news from management about the future road forward.