The traders are taking their pips...Funny how the accounts came...

The traders are taking their pips...

Funny how the accounts came out (marked not price sens) and the SP didn't move but then after pre-open and the Ann (marked as price sens) - which simply highlighted the accs - the price jumped. Just shows how people are led.

But circa $5M was better than I expected.

But I'm not sure I'm in love with point 11 (committments) in the notes to the accounts:

"During September 2009 the Company engaged a contractor to construct an exploration decline on the Mount Deposit.
Under the terms of the Contract payment for decline construction and future mining services were an advance
payment of $200,000 plus half of the gold recovered from the Mount deposit to a limit of 5,000 ozs gold. At 31
December 2009 the advance payment of $200,000 and a total of 297.1 ozs gold had been paid to the contractor for
services provided."

Cheers,

C12