This was a good week, page-29

EL,

You won't have any disagreement from me.

Overall, I am quite optimistic about our discoveries.

From my perspective, I would have thought before any drill were to start, you would want to make sure you have all the equipment, for all contingencies (regarding discoveries).

I mean each drill is costing 30 to 40M.

And I am sure, if we had carried all the right equipment, it would have added to costs, but I would rather pay $50M or even $60M for that drill at ROC 1 (instead of $30 to $40M), to work out what is actually down there, rather than a partial result of what is down there.

IMHO, the more definitive we are, of what we have, the more clearer we can plan about ROC 2.

But that is just my preference for ROC 1.

Nevertheless, I am quite happy overall, about ROC 1 results thus far.

I was buying last week and I will continue to buy on weakness.