Ann: September Quarterly Report, page-3

Not at all, they have more than enough money to get them to JORC compliant maiden resource estimate, which has always been the objective.

In fact, the company has been extremely prudent with the money they have, and I have the utmost faith in their integrity. I am very comfortable investing my money in this resource and management team.

Also, consider the spend in the quarter, just $1m on the significant drilling program that has been undertaken. I am busy this morning, but I will try and determine how much drilling was completed in the quarter for this relatively small sum. I am certain the dollar cost per meter will be some of the lowest anywhere.

For me this reinforces Paul's comments about the low cost environment of operating a mine in Madagascar.

Also excellent to see progress towards developing permanent infrastructure - very strong signalling from the company.

VERY exciting times.