I have said for weeks that someone large is selling and the news...

I have said for weeks that someone large is selling and the news in Kyrg while not causing selling has dried up buying so the seller has had to lower their price to get rid of shares.

Once the selling is done, the SP will rise again. the new resource statement for Murchison and mine plan is due in the next few weeks and then a new resource statement for Jervois. Both should drive the SP upwards.

Re Andash, the enivornmental study has given it the all clear and the new government have already set up the commission to look into Andash - now we wait for them on how to proceed. Given how pro mining this government is, I severely doubt we will get a negative outcome from that and I wouldn't expect to wait too long for it either.

Anyway if the Burnukurna mine plan shows the heap leach study to have cash costs of $500/oz, we would be genereating close to A$30m free cash flow per annum so the SP is extremely cheap now with a market cap 83m with over 30m in cash.