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What can investors expect from Red Rock Resources over the next 12-18 months?

Investors can expect that we will follow up this transaction with something similar in RSL: Resource Star, which is the listed company we have management of. We put our uranium assets into it. We are frozen in the middle of a process of re-listing on the mining board, changing the par value and so on there. We have some good assets. We got some spectacular results in technology metals and rare earths from Malawi right near Globe’s Kanyika deposit which have been declared commercial. That was when we were looking for uranium. We were doing something else quite different and what we have found is so specialised we are having to learn about it. The person running that company is Ian Scott who used to be the geology manager and chief geologist at Olympic Dam the biggest uranium producer so we are confident with uranium.

At the moment we see a lot of opportunities for picking up uranium assets cheap and so we are going to develop them. For that asset we will begin to look for major partners for that company as well. We are going to re-list it and we hope that then that will generate profits. Red Rock was profitable last year and we think it will be profitable this year and will be profitable next year, but we will have another source of profits from what we do with RSL which is getting liquidity into our uranium vehicle and "we will be focusing on some GOLD opportunities as well."