Ann: Response to ASX Aware Query, page-8

Agree adage

The timing was perfect for a let's just say a bounce off recent lows. The timing of a drill results announcement was perfect for a little push to clients of a brokerage firm.

It simply comes down to wether or not the drill result date of announcement was leaked to someone.

I'm no conspiracy theorist but when it comes to markets and money it's funny how these things seem to line up.

The placement itself was small and just a stay of execution to a larger placement while management fiddle.about or wait in hope for a partner.

I'd be surprised if the placement was not related to the IPO and selection of a lead broker to that IPO and that lead broker getting/receiving sensitive information.

Anyway nice to see some relief for the long suffering. I managed a quick twist in and out and remain with gun loaded.

Cheers