updates

We appointed two new geologists, one dedicated to Peak Hill development anda new Exploration Manager. With respect to Callawa, we are working to drill this asap and will keep themarket informed as our plans progress. I understand your impatience, but it is important to remember that we are inthe middle of a difficult period for the markets with all the turmoil thathas transpired over the past few months. This has resulted in downwardpressure on share prices across the board with a few notable exceptions inthe fertiliser sector. Unfortunately there is not a lot we can do to control the broader marketsentiment but what we can and are doing is to ensure that everythingprogresses well operationally and technically so that we are well placed tocapitalise when the market regains some traction. -- REGARDS> JUSTIN BROWN