AVZ, page-302

Kadeja

Sent ML a few messages back and forth today.

I asked him his thoughts on the possibility of splitting the resource. Firstly it was me that started the thread 'splitting the resource' he doesn't think this will happen as as the pressure from a few Chinese companies to take out the lot is immense.

I asked his thoughts on getting the project to Jorc. He's doubtful we will get anywhere near this as it's not a requirement with the historical data we have, he suggests the important bit is the 7 holes and the ratification of our main investor after this he expects things will move swiftly towards a To.
ML is also adamant that a To price will be 25c to 30c.

Reading between the lines, with our director selling to a strategic investor,and who... I do get the feeling something is happening in the background and we may never see the next stage of drilling in October as this seems geared for an imminent TO once the formalities have been sorted. WATCH THIS SPACE.