SP still in its original range between .26 and .365 cents....

SP still in its original range between .26 and .365 cents. Reacted well coming out of trading halt on cap raising by running up to .365. At this stage it looks to be just the retest at the bottom end of the abovementioned range made possible by the time drag of the next announcement which is not overdue if one refers to the previous guidance. MC is at a good level to easily grow should we get further good results. Downside should be limited given the tenement values, identified prospects and cash available. Whether it ends up at .23 or .53 cents in the next few days will all depend on how good the next results are. This is exploration drilling and is going to be volatile. Also, not every drill result has to be a bonanza. These first 3 drills are to test extent of mineralisation in certain directions and to use that information to plan the positioning of drills for the next part of the program.