relax guys

Nice to see an interim report. As I said before, it takes TIME to develop a mining operation and these guys are doing that.

Seems to me most of the Molyhill work is done and I assume they have sourced / priced plant requirements and ready to rock with finance. And offtake agreements are the last link to dropping a businees plan under the financiers' noses. So BFS almost complete for final scrutiny. Fact is tho, the "offtaker" may want part of the action himself, so we wont know the final finance mix til we have all the pieces to the puzzle ....... TIME ....... but looks like not too much more to wait.

Bottomline for Molyhill is its looking like a 7 year (?) minelife with likely payback within 1 year. That should be robust for anyone wanting a slice and reckon there will be plenty. Shareholders tho already have their slice and can make whatever adjustments they like to suit their portfolios.

IMO THR will be a producer in 2008 with a shareprice of 1 buck plus on Molyhill likely earnings and my wad of oppies well in the money at the right time. Thats the bread and butter and trigger for re-rating will be the project finance package coming up which tells the world we will be a producer next year. Am comfortable with that.

Re the Uranium next where my prime "cake" focus is. It takes TIME for exploration then approvals then PF then mining. Thats the nature of the game .......... but first things first cos exploration sets it all up. This is likely to be ongoing and moment the market realises we may be talking future U-mining in the NT, DIFFERENT BALLGAME. Reckon current shareprice has NIL value assigned for Uranium atm so the sky remains blue based what comes up ......... and that will be ONGOING over next coupla years etc.

This aint a horse race. Its a long term evolution plan toward being a multiple producer IF WE GET LUCKY. And IMO, LOVE IT when the "luck" aspects are covered by emerging bread and butter realities, espesh when I have a lot at stake here. Better check to see if that top 20 oppies list is current haha.

Zeus be praised we are on the right path to wealth creation ....... BUT GET REAL with yr timing expectations. Agree its a good time to begin accumulation of core holdings as the project becomes more and more derisked. Its all risk / reward long term planning if u are serious. Daytraders have a different MO .... and that provides us with the liquidity taa.

IMBOOC