Filcorp, No you are incorrect! The two leases marked in red...

Filcorp, No you are incorrect! The two leases marked in red which border ENR's Patterson lease are in no way connected to the JV leases which Aditya Birla neglected to renew. The red 100% MDS leases were applied for in July last year,there were no competing applications and the company expects them to be granted shortly.I anticipate that upon their successful granting that MDS will update the market and announce an initial exploration program. They will have the benefit of what they may be able to glean from ENR's current exploration next door at BM2