I am sure everyone is aware of this, however, in the Bardoc...

I am sure everyone is aware of this, however, in the Bardoc tenements, located in North Kalgoorlie, there are the three larger deposits of Aphrodite, Zoroastrian, and Excelsior. In addition to this there are 12 Satelite deposits:

Mulwarrie
Lady Kelly
Eldorado (announcement yesterday)
South Castlereigh
Bulletin South
Nerrin Nerrin
Lochinvar
Talbot North
Windanya
North Kanowna (acquired recently)
Mayday (acquired recently)
Vettersburg or Slug Hill (acquired recently)

The company just revised the resource at 3.02m ozs. Drilling continues.

I sense further upbeat drilling results akin to this week’s very encouraging results from Eldorado- 28m at 13.59g/t from 176m, including 6m @ the very impressive 57.7g/t

The current market cap (fully diluted post this current raising) would be a touch under $150m.

About $20m in the Bank ( post current raising), no debt. Gold at inspiring prices and set to potentially go higher.

I have been invested in this company for three years and accumulated when it has dipped. I foresee good times ahead. The ducks are lining up- in my view. I could be wrong- it does happen. But I think we are currently at a modest valuation.