What needs to be remembered here is S32 are involved in the...

What needs to be remembered here is S32 are involved in the announcements. AQD needs to sometimes wait , and a huge amount of activity took place last quarter, that enabled the announcements to be released in the last week.

Its Christmas shutdowns, labs working frantically, awaiting on approvals.

We will be doing a huge amount of Drilling that S32 will be paying for, that 15% on top will build up our cash position. To spend $3 mill on drilling SHOWS a lot was completed .

We are also looking to aquire more areas , so not sitting still and some projects have advanced. All small caps were hit over the last 12 months, we are more fortunate than most as the drills are paid for by S32.