news, page-44

Hi ALajovic, I have just gone back and read the article in the AFR. The closing patagragh was a classic: 'When we put out our resource it is going to give people a bit of a shock I think'. Nick Sheards.

There is also comment on the historical drilling results found last year, which included increased the target resource by a further 1 to 1.5 billion tonnes. IMHO the market will be be impressed if the resource is below 1bt, but there is going to be little chance of that, if Nick is true to his word. If history is anything to go by he always has!

What is the betting for the opening SP, once the resource is announced? 90 cents? TFP

http://www.carpentariaex.com.au/Files/128849AFR_6_Dec_-_Carpentaria_eyes_1bn_tonnes_at_Hawsons.pdf