Ann: Quarterly Activities Report and Appendix 5B, page-6

Your absolutely right Legman. Heads of agreement are non binding and sometimes and in some circumstances are not worth the paper they are written on...however... having six Heads of agreement competing for the same resource ... this is unique. I suspect that we may hear much sooner then later what this looks like...However I'm not foolish enough speculate when. I will continue to accumulate. It's not a matter of 'if' we get an offtake agreement... it's a matter of when. Just wait and see folks. I think we will be all pleasantly surprised when all the cards are revealed.