reflecting on last 12 months, page-43

You would certainly hope so and probably can realistically expect .

So nearly a years exploration on the EXU leases by RMS and not a lot to show .
What are we to conclude ?
Some people could say RMS hasn't done a good job looking but they seem doing alright elsewhere .
Seems likely to me expectations at Tampia were a bit overcooked and let's face it EXU management had a vested interest in that .
I conclude that the main value in the leases was a strategic one by which RMS could answer questions about their level of reserves and minelife and which has enabled the big 12 month rise in SP .
Of course you and a few other original holders gained the full benefit of that but far too many acted I feel too much on sentiment .