onwards and upwards, page-8

Hi Tenor_sax

I now realise you meant MXX on the AIM...I had not seen it trade till I just saw it this morning our time. I thought you were talking about SCRB on its last day of trading and that was what I was looking at when I said 78.5pence.

For the MXX at 97.5pence that translates to AUD$2.25...which was about the closing price here yesterday. That looks a bargain to me and would be lucky to by you the value of the former MSX liquid assets alone, without even considering the value of the former SCRB projects like Lady Loretta zinc.

I must do some more work now on the value of the merged entity. btw good on you for picking up a few MXX at 97.5. You'll never regret that because I don't think they'll saty down there for long.

regards
DF