solid cash position

5 mil in the bank. Expenditure last year was 2 mil.

Even ramping up exploration we have enough funds for over a year - and by then more options will likely have been excercised giving us even more cash.

Possible mineral sands spinoff in due course.

Very few shares on issue and tightly held - over 70% held by top 20 from memory.

Looking good longer term - well worth holding a few.