Songokou,It may get interesting. I am not saying it is not a...

Songokou,

It may get interesting. I am not saying it is not a good punt at the current price, however, in valuing SCX you need to take account both the fully paid shares and the partly paid shares.

Refer to Schedule B dated 29 March 2007 :

Fully Paid Shares 50 M
Partly paid Shares 66 M

Total Shares on Issue 116 M

The partly paid shares have 2 cents outstanding which when paid will riase $1.3 Million. Current Fully Diluted Market Capitalisation at 0.115 cent equals $13.34 Million.

However, SCX has other assets other than its 5% stake in the Brigyl? Deposit.

Regards

SP