Please note the following of what was said in the financial...

Please note the following of what was said in the financial reports or activities report in september about signing and how it was extended in Dec Qtr. I dont think they have enough in them these directors to do it:

SEPTEMBER 2010 QUARTERLY ACTIVITIES REPORT
Page 5 of 17
WONARAH WORK OVERVIEW
Work completed and in progress during the September Quarter is indicated in Table 1.
Table 1: Work Done and in Progress
Item Completed In
Progress
Expected
Completion
1. Resource Drilling
1.1 Arruwurra Stages 1 & 2 X
Arruwurra Resource Validation X
1.2 Main Zone Infill and Extension X
1.3 Lateral drilling ? Stage 1 X
2. Assaying
2.1 Routine X
2.2 Chemical characterisation X
3. Metallurgy
3.1 Drilling X
3.2 Main Zone Testwork X 2nd Quarter 2011**
4. Direct Shipping Ore Study X
5. Resource Estimation
5.1 QAQC Studies X
5.2 Resource modelling and estimation X
6. Environmental Studies
6.1 EIS preparation, public exhibition, review
and recommendation by NT Government
X
7. Freight Studies
7.1 Port expansion studies (Darwin Port
Corporation ? Port Master Plan)
X
8. Permitting and Land Access
8.1 Mining Agreement X 4th Quarter 2010
8.2 Grant of Mineral Lease X
8.3 Mine Management Plan X 4th Quarter 2010
9. Definitive DSO Feasibility Study X
** QEMSCAN data received. Next


DECEMBER 2010 QUARTERLY ACTIVITIES REPORT
Page 6 of 20
WONARAH WORK OVERVIEW
Work completed and in progress during the December Quarter is indicated in Table 1.
Table 1: Work Done and in Progress Item Completed In Progress Expected Completion 1. Resource Drilling 1.1 Arruwurra Stages 1 & 2 X Arruwurra Resource Validation X 1.2 Main Zone Infill and Extension X 1.3 Lateral drilling ? Stage 1 X 2. Assaying 2.1 Routine X 2.2 Chemical characterisation X 3. Metallurgy 3.1 Drilling X 3.2 Main Zone Testwork X 2nd Quarter 2011** 4. Direct Shipping Ore Study X 5. Resource Estimation 5.1 QAQC Studies X 5.2 Resource modelling and estimation X 6. Environmental Studies 6.1 EIS preparation, public exhibition, review and recommendation by NT Government X 7. Freight Studies 7.1 Port expansion studies (Darwin Port Corporation ? Port Master Plan) X 8. Permitting and Land Access 8.1 Mining Agreement X 1st Quarter 2011 8.2 Grant of Mineral Lease X 8.3 Mine Management Plan X 9. Definitive DSO Feasibility Study X 10. Financing X 2nd Quarter 2011 11. JDC Testwork X 2nd Quarter 2011 and on
** QEMSCAN data received. Next phase of testwork deferred pending completion of financing.