Ann: Section 249D Notice, page-21

On the current trajectory a potential golden cross is likely around June. That is the 50 day moving average crossing above the 200 day moving average. Clearly any moves is daily price upwards will bring the cross forward on that time scale. This would seem to time with commenced work at Billy Hills and any directorial changes, if they occur.

Breaks up can happy prior to crosses so will be interesting to see how this plays out. Still amazed that this company is worth so little with AUD$1.25 in CASH on deposit ! Billy Hills is reassuring in proximity to decent Zinc Lead and Silver deposits of size. If any one follows the markets for Zinc and Lead they will be aware these are excellent commodities to be positioned in or have as in ground assets in your company at this junction in economic times.

JFI