Ann: Quarterly Activities Report, page-15

Turnaround still in progress and almost complete, great drilling results with good grades. Plenty of drilling to come!!!

- Stage 1 de-risked with stockpiles.
- Great hedge book in excess of $2,650 per Oz to get us past the current weakness in POG.
- Reserve update to come.

- 40 + million dollar loan facility to come (possibly on completion of reserve update).
- MD buying recently on market and supporting fully his entitlement of the SPP for a sum in excess of $200k. Already had close to $1M or over invested in the company.

This is a screaming buy now!!!

i may get tempted to add a small parcel when funds become available and if Gold appears to have bottomed. I hope gold has bottomed for all Ausy gold investors, I have NST shares too now