Ann: Quarterly Activities and Cashflow Report-ABU.AX, page-23

Just goes to show how under valued ABU actually is Salt.
At the present time i fail to see any negatives as to
the company's future.
So much more potential to come.

G'day Bob, Yes as the past five Years has seen $30 Million invested by
historical owners at Grounrush, & that being almost the entire market
cap equivalent of ABU having been spent & that's with out NST's
exploration program at Goundrush.

Therefore it gives emphasis to ABU trading at an extremely undervalue s/p
relative to all of its portfolio optionality -especially taking into account ABU's
current extensional discovery to Hyperion being Tethys's 1.3 km's of strike
located only approx. 15 mile north of Groundrush.

Therefore ABU's current portfolio & market cap value seems to be out of
proportion, it would be of no surprise given the current exploration program
that investors begin to realise & dial in, as recent discovery indicates there
being potential of significant s/p upside should NST take a closer look
at Hyperion & or further exploration discovery me made.

Especially given further RC drilling at Tethys's has been completed-results are
awaited & Diamond drilling below 100mts- testing deeper extensions to recent
discovery is planned.
Is that only mine & Bobs opinion? -I doubt it!
We will see how the market reacts soon enough.
gltah -salt