Ann: Raging Bull Mining Update, page-42

I took the opportunity to pick a few more @10c.

The Company:

* has a well defined resource
* Low projected  production cost
* Prospects of adding to the resource

Yes there is still the matter of getting approvals - but even the Qld Government should see the benefit of cleaning up an environmental mess, financially supporting the region with cash & jobs and getting some tax from an operational mine.

There is also still the matter of the Plant but again the cost I have seen mentioned is not that bad.

Right now Carbine is in my opinion way undervalued by the market - perhaps the issues of the approvals may see the market start to appreciate Carbine and we will see the share price start to climb.