Hi jebi, ive been posting the last couple months regularly...was...

Hi jebi, ive been posting the last couple months regularly...was posting on ozestock for a while...but that became a bit of a shambles.

IGO a non-performer in 2004, bit disappointing, but i suppose 2003 was such a great year for it, couldnt expect too much from it. I suppose it was also not that much of an underperformer if you bought during the slump in May/June...the bounce back was good.

Quarterly should have around 10-13 million pre tax profit if my calcs are right (not sure how they will account for the Matrix purchase)...so hopefully that will turn a few heads...

3 major things to look out for this year from IGO (amongst many other things), apart form financial and production results, are:

1/ Exploration decline drilling to test for nickel below and adjacent to the decline itself

2/ Corporate action on the Matrix front...i wouldn't be surprised if another company is interested in MRX

3/ Progress on the Duketon JV with South Boulder Mines...which I personally think is a very encouraging prospect. Maybe others more geologically inclined can comment on this...currently considering a purchase of some STB.

Cdchi1