Break out happening, page-509

The only problem Newcrest have is one of timing. They cannot wait for years while Antipa put off doing anything with Minyari. Newcrest need to force the issue to get the ore in a suitable timeframe. Buying a few per cent every 6 months will not force Antipa to do anything. If Antipa proceed with the scoping study as planned Newcrest may be able to justify a tilt at Antipa because it will have a document upon which to base valuations. This may be required to satisfy the Newcrest board and shareholders.

If one of the new targets come up in this years drilling then Newcrest may have left its run too late to buy at a bargain basement price. Any hint in drilling that one of the prospects is another Havieron and the horse has bolted.

Could be an interesting year.