press the green button, page-6

G'day birdy

Management not doing what they said they would do, a track record of promising things and then slipping them.

Their geology is great - no argument there. But their ability to deliver is iffy.

If they weren't going to drill until Q2 they should have just told the market. If I recall correctly when I first flagged month back in Feb that these guys were slipping and it look like we wouldn't get drill result until May the cheer squad predictably said I was nuts.

Well here we are two days to april and no drilling.

Bottom line being do not assume that because someone is siting on a resource they know what to do with it. If they did every iron ore junior would be able to turn themselves into a fortescue metals and that's not the way it works.