Ann: Quarterly Report and Appendix 5B period endi, page-11

re: Ann: Quarterly Report and Appendix 5B per... Kent

You have it in a nutshell. I have been reading these reports for years and they are surprisingly the same upbeat assessment with more to come.

Tui

You say it is a different animal, but know nothing prior to 2 years ago apparently, so I do not know how you can make the comparison. I'm sure some of the drilling schedules were the same drills about to be made 10 years ago. You have not been waiting long enough to be bitter and twisted just yet, but give it a bit more time until you see the same scenery passing the window and realise you are being driven around in circles.

Hope I am wrong, but nothing has occurred lately to show clear skies ahead.

PK9