Is there a pulse?, page-13

BJ & LB

Good to see there is still some interest in the ARC.

Yes, the local situation could be a worry but on the positive side they have had an independent geo look at the whole thing and Danusa is going to spend some sensible dollars now on drilling some porphyry targets.

This is still a very long shot but they are going to have a go. This next drill campaign will be make or break. Less than encouraging results could see Danusa walk and that will end Arc's Indonesian involvement and perhaps begin a concentration on opportunities in Australia.

Maybe, just maybe, they might also poke a hole into Mt Garnet.

Getting an independent Geo to have a look with fresh eyes is the smartest thing that has happened for ages.

MG