chart, page-139

Hi,

1. 24c is the next resistance level I saw once 20c was reached. 20c goes back to Feb 2014 and then go back to Aug 2013 peak. I picked these targets off the chart before the run. 20c has been met, and slight pullback. My exit point for holding was 23.5c. Depend on market/ news in meantime, can be moving feast.

2. 50c would need all ducks lining up over a longer period, ie new mines do peerform AND ASIC reduces and Gold stays above A$1600. All these things are future events. RMS was being mispriced imo at 11-12c, and an 80-90% run makes you reevaluate. I don't think many of the more seriuous FA guys on here were calling for 50c fair value. EV was just silly, but now RMS is heading over $100m...upside is reducing.

3. Just that many of us were buying around 12c, as it flat lined for many months even with fundamentals strengthening, so many of us picked up 11-13c before this run, and many would be up on average 100% at 24c, so many do let go some on a bag.(100% gain)

Disc: I have already let go 50% of original holding now