good announcement and presentation, page-7

Hi rets,

That is just a figure that i think may be reached after production starts, it could be heaps more or heaps less. That`s the chance i am willing to take by holding.

There still has to be drilling done to prove up a Jorc resource, so the deal is not completly in the bag as yet. As such i feel there is still a little uncertainty about this company and that is what is holding the share price back at the moment.

When these uncertainties have been eliminated, production starts, a little more positive hype creeps in, i feel the share price will be moving north, hence i feel i can make a better return by holding a bit longer than if i was to sell now.

Regards The Tinhopper