PXX 18.2% 1.3¢ polarx limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

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    Star Canyon drilling should now be over 50% complete.

    Rig then moves forth july claim for further 10 holes.

    Hope for speedy results here. A lesson should have been learnt from past round.

    570k current funding plus 2.51m from raise plus whatever they get from rights issue (were seeking 2.19m). No announcement on rights issue results as yet.

    All looks good to me and excited for the near term for pxx. Hope the tides will turn and we hit some great results for some much needed extra attention and a rerating of this company. I think it is about time.
 
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