consultants type report.

Perkoa in mothballs.

Mumbwa still drilling no results. 2 holes maybe in next couple of months, not enough to give any worthwhile indication. Next lot 8 to 12 months away on past experience. Activity in meantime 0.

Taking Flory to court.

Will continue burning shareholder millions on care and maintenance at Perkoa, court actions and drilling expenses, salaries and consultancy fees. What a crying shame to see those funds disposed off in such a manner when they were orginally given to the company by the shareholders to develop a mine. I repeat, if they could not do it when the zinc price was $2 what chance in haddies have they got of doing it now.

The 7th. Another plan of hope to keep existing shareholders off there backs.

Overall. Hpye of 1 week. Traders make a few bucks on gooses like myself getting caught up in the spin. Then more of the same.