Ann: Quarterly Activities Report, page-6

Agent, you said: "i am curious about border though"
"scoping study, with the most complete description of the deposit provided in the December 2011
quarterly report"

SBR said:

"10 May 2012 MAJOR NEW COPPER PROJECT ACQUIRED IN NAMIBIA"

"25 million Shares on achieving an inferred JORC resource of 1 million tonnes at a grade of 2% Cu; ... 5 million Shares on achieving an inferred JORC resource of 5 million tonnes at a grade of 3% Cu"

Perhaps I am just cynical. Whilst I do believe in random events, I do look for cause and effect first.

The reduced administration charge for the qtr to 30/6 of A$188k is encouraging although the 12 month cumulative total of A$1.06m sticks in the gullet a bit.

Still, let's look to the future - there is a glimmer of one now.