Ann: Quarterly Activities Report, page-170

The real gem in the pocket here has to be the lithium project. As far as I can see, the only negative with it is the location, in comparison with Australian-based projects anyway. Otherwise it's a beauty, both in size and quality. So much so that I can't see the location deterring potential suitors for too long. Just look at the way sentiment has turned towards lithium over the past three months. A classic case in point is CXO who have gone from 4.5c in November to a high of 42c on Friday - on the strength of no real news. They have a fantastic location near Darwin but the resource size is a tiny fraction of FFX's. I feel that if the gold side of things can at least pay its way it's only a matter of time this year before Goolamina rewards shareholders in one way or another.