Ann: Progress Report, page-8

I was pinning my hopes on Karridale but its hard to see it being mined in a hurry. If it was a strong deposit they would have accelerated it into production. With the renegotiation of the Lancefield royalty that also provide some more hope for the Laverton assets. I few big hits at Lancefield would have pricked up some eyebrows. No real luck there on the first go.

They did get [email protected]/t in the deep Bonnie Vale hole but at that depth you really want to see more grade.

As you say they are struggling to build the ozs at Coolgardie quickly. To me that's just more bad luck. It's not a function of the company not having a go with the drill, they've drilled the metres to give it every chance IMO. Esh