I have simply started, Andy, IOIOIO and others - please add to...

I have simply started, Andy, IOIOIO and others - please add to this. Let's get this polished and up and running. I thin the URL lawyers would also be a good source to submitt our disgust to - here is for now


Timing Issues
“It is anticipated that the revised Feasibility Study will be
completed by late October 2007. If the study confirms that
the project is economically viable and all permitting is
completed on schedule, the mine could be in production
by the first quarter of calendar 2009”


Xstrata Management Issues
“Following the Cabbage Tree Creek drilling, a program
of up to eight deep holes is planned, including up to
six holes beneath the Blackard deposit and two beneath
Scanlan”


Follow up Issues
Wonga and Clyde
“Two prospects, Wonga and Clyde, have the potential to
develop high-grade copper-gold (sulphide) resources for
the Roseby Project. They warrant further exploration
during the 2007-08 year”

• An update on Wonga was made on the 28/2/08 – but very limited. Where is the update on Clyde.


Cameron River Tenement
“Mineralisation within the Cameron River tenement has
features in common with the Rocklands-Las Minerale
deposits of Cudeco Limited, located some 12km to
the south. Further geophysical surveys and drilling are
planned for the current year”

Mary Kathleen
“A heliborne regional sampling program is also planned,
to fully evaluate the rugged country lying within the
influence of the Burstall and Godkin granites.
Surface exploration is actively progressing within the
MKPA and drilling of several of the advanced anomalies is
planned for December quarter 2007”

• some reports on Mary Kathleen were made in the first quarterly report of 2008 but no mention of any helborne regional sampling.

Bushy Park
“Down-hole TEM surveys and further drilling are planned
to test this high-grade mineralization”

Partially done and reported in first quarterly report of 2008

The Collector Project in New South Wales
“…has beenfarmed-out to Tri Origin Minerals Limited, and Burra,
also in NSW, is the subject of advanced joint venture
Your directors have been in discussions with a number
of potential candidates to join the Board. I expect to be
able to make an announcement in this regard prior to the
Annual General Meeting”


Increases/(decreases) to Salaries

2007
P A J Ingram 233,350
M W H Hoyle 188,681
T Quaife 286,655


2006
P A J Ingram 254,045
M W H Hoyle 317,647
T Quaife 191,435


Mr. Hoyle - Pursuant to an employment agreement dated 11 April 2006:
Term – three years. April 2009 when this comes to an end.

Mr. Ingram – Employment Agreement: 30 May 2006- Term three years


1st Quarterly Report set this timetable
Finalisation of the DFS economic analysis at the end of February 2008.
• Ordering of long lead-time items Q1 2008.
• Granting of site access Q2 2008.
• Construction commences, subject to financing, by Q4 2008.
• Commissioning Q3 2009.