re: Ann: Prominent Hill 2011 Mineral Resource... OK you lot,...

re: Ann: Prominent Hill 2011 Mineral Resource... OK you lot, enough of this frivolity - let's get back to some serious discussion. (LOL)

I think both Dasa and EL are correct.

OZL did not convert more to reserves as EL pointed out, but I have to keep reminding myself that P Hill is a mid tier resource, and the timing on conversion for 2mt of copper from inferred and indicated to measured is a lot slower than for a 200,00t resource. (As EL said, patience is required).

Again we are getting punished by the market for no growth profile. TB must have nerves of steel to continue to resist doing what the analysts tell him and implement the plan the way he wants to. All I can say is keep up the good work TB.

I have not done the NPV on mine extension as capital and C1 are unknown. It would be a guess on a guess.

EL - interesting comment on growth. A big ego management with a desire to grow at any cost will do more to destroy shareholder value than almost anything else I can think of.

HT1