Despite KEN's MD - David McDonald recently making several modest...

Despite KEN's MD - David McDonald recently making several modest on-market purchases I'd like to think we're getting much closer to new regarding Vanuatu

Ordinarily a board member buying shares as Mr. McDonald has done would indicate that news is still some way off, I'm not sure that is the case with KEN.

KEN is another company that is extremely tightly held with the board of directors and management also holding a significant amount of shares.

I'm looking forward to an update on either project but I reckon Tasmania probably won't be progressed further materially until 2012?

WC8