Gday BOT,Well, well welll........i must confess i am a little...

Gday BOT,

Well, well welll........i must confess i am a little surprised how much they let slip in the quarterly report about Tanzania. IMO, you and Surandy70 have nailed it one about how big this find really is, probably explains why they have not just simply connected to Songo Songo.

Very smart move also to hedge against the A$, not sure if you have picked up on the fact they indicated the amount is sufficient to cover their exploration costs for 08/09............to me it says that they already know exactly what they are going to do in 2009 and how much it will cost. As you can see, the next quarter they have indicated 1m expenditure. Not surprising to see nothing about production costs.

Hey BOT, I would not write off the options yet. There is plenty to come out further IMO about Tanzania which could get a few people excited before Mar 09. We just need the market to stabilise a little for investors to start reacting to "good news" stories.

There is one thing for certain, I rather be holding KEY than waiting for the story to unfold...IMO

Cheers
R