Ann: Proposed issue of Securities - MXR, page-13

The price is likely to fluctuate up and down in the present circumstances, We have had results from recent drilling and while there is some attractive information there it still leaves some question marks for some people. There is encouragement there for some to get involved and perhaps not enough evidence for others to get that enthusiastic about. So the sp will wave about in the market breeze until there is another positive announcement. Now I would anticipate that that announcement should be the next lot of drilling to define the resource more definitely. So a few flip flops at the moment is par for the course at the moment.