Re rate happening, page-2576

they also had a lay off due to farming commitments in the region which pushed phase 2 into November.

They are drilling phase 2 on the back of what they believe to be a successful phase 1 and exploration markings when on site earlier in the year.

JB commits to bankable projects and IMO calls it and moves on if it’s not worth the further investment. Obviously he believes Morrissey is BANKABLE.

This is why IMO he is focus 100% atm on Morrissey Hill, taking full advantage of the bankable asset which will allow for further bankable assets to come online down line. If Morrissey Hill results come back trumps more and more holders will convert options over and the company will have cash flow for Wabli and then immediate revenue from Paynes Find.

The process of what RR1 are doing here is to benefit ROI for all SHs. Something JB has made very clear is his focus.

Solid moves in the right direction.