quarterley report out, page-4

Well you know me,always one to look on the positive side of Gip annmnts.

-At least they havnt gone back on the June Qtr deadline.

-Hints at expansion above 2Mtpa.

-The constant reminder of the feldspar after start-up.

-".......the Abu Dabbab Project sets the global benchmark for low tantalum production costs for several decades."

MD has been in UK/Egypt for the last 4 weeks.We can assume he hasnt been in the UK to take in the sun,although he might have joined Mr&Mrs Pierpont for drinks up the Nile perhaps.

As I mentioned he said to me via email that things were progressing well with the Abu Dabbab project.

As long as we see something re finance this qtr,I'll be happy.

d.