Agree HT1
It would have been better to have done 5 for 1.
Aside from the stir that the consolidation has caused the ann looked great.
I would expect the next big ann sometime in the near future will be a resource upgrade from all the additional resource drilling completed.
From the ann they have done a good job of adding onto reserves as they have been mining. It should be noted there was no reduction in overall reserves from mining depletion due to successful infill drilling.
One thing I would have liked to have seen is any news on the exploration front. I think the Mount Woods area is highly prospective for another IOCG and it is good to see they are spending the money to explore the area properly.
90 million is a big budget for exploration (For a company this size), and indicates that the surrounding areas are very good ground.
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