Ann: Results of Rights Issue, page-7

So we have the money to drill the west pilbara tenements in which we already have 110,000 ozs proven, also we have until 22Oct to fill the shortfall so quietly confident that the Eastern Hills Antimony will also be drilled this year, also 46,000 ozs proven at Mt Clement JV with NST, would be good if we could get NST to drill the next round in exchange for an increase of their percentage in the JV so no cash outlay from ARV. Also the Yandal tenements which could find a JV partner to get drilling underway.....by the end of this year we should have a good idea of the path forward and a SP of 0.002/0.003 will just be a bad memory......