Ann: Successful Capital Raising to Fund Ongoing Development, page-55

We played a long shot on the deep diamond drilling, and it did not work out. That was the most likely result.

Now we have two deposits worth developing into mines - Brazil is the higher grade but I personally like Butchers Creek for the possibility of a repeat of the mineralised fold structure. Some say there are acquisitions to be considered and if so no one better than Tolga on the register to help with the hunt.

It may be worthwhile to think of MEI as being in the orphan period between discovery and development - hard to confirm that with more exploration on the horizon.

I'll be giving the SPP careful thought before it closes - to bring my average down and also because it puts dollars in the treasury rather than the market.

Throwing good money after bad ?? In the explorer spec market - good can become bad o'nite and bad can become good!!

DYOR and DD - follow the people and their money too.