Key point:"$2,058,000 has been spent by joint venturers on...

Key point:

"$2,058,000 has been spent by joint venturers on PlatSearch projects during the quarter. Assay results from recent drilling on eight projects should be available during the next quarter."

$2 million spent on exploration by other parties on the joint ventures.

PTS itself only spent $58G on exploration.

Also significant detail given on new planned IPO called Silver city in which PTS will hold 33%, and I hope PTS shareholders will be given priority application just like with WPG and EFE (hopefully with loyalty options again). the info confirmed that it will have a focus on highly prospective Broken Hill areas.

Unfortunately the drop in WPG and EFE shareprices (only temporary imo - both companies' SPs are a joke) has held PTS back for now.

Cdchi1