Ann: Yandal Exploration Update, page-57

All a bit of a small storm in a teacup. I don’t think any of us are here for wildcat air core in target 3/4 north oriela. I still don’t think the market has woken up to the significance of sumitomo metals taking over the JV. Considering these guys approached JOGMEC and after reviewing the data still wanted in is a huge vote of confidence in the project. These guys can pick and choose projects at any stage of the lifecycle. Hopefully we hit the sweet spot on some of the outstanding Isa results. Dan did say last week that results are starting to come in. So be prepared as quite possible something gets released sooner. I’m particularly interested in the Kalman west ( with that 4.5% AU rock chip) and obviously Trafalgar ( especially at depth, as grades seem to increase lower down - and open, so we don’t know how deep it goes). Good luck hammer holders and fill your boots ( I’ve taken advantage of the dip).