FMYou hold NST so you more than most would/should understand...

FM

You hold NST so you more than most would/should understand that delays in announcements happen. GAU has never ever been the most diligent of companies in my opinion when it comes to making timely announcements although I think they have become better.

I'm not sure for the reason in the delay, maybe they are not comfortable realeasing them yet in this current market, maybe they are waiting for clarification of results, especially as they probably had to fly them from Cambodia to Oz. Or maybe they are not very good???

I just don't know, but anyway i digress. I believe they are working on doing a placement at a higher rate than the current market price. (30 was suggested to me a few months ago but I am thinking surely it will be 20 or 25 now in this market) Maybe they are trying to tie that announcement in with the quarterly which is due with the drill results and believe that the drill results will push the share price up to the level of the placement??

I don't know really and for the record I don't think the drill results will be duds. The question is though how good will they be??

There are alot of maybes in there but a placement at a higher level is a certainty..


MC