valuation for ext - no takeover, page-3

Invaluable comparative data BB, very much appreciated indeed. Its no surprise that the rhythm with which previous infil drilling results have been announced has slowed to a halt and given the size of the prospect this is no doubt strategic. I agree with your upper estimates (in principle) for the next resource numbers simply because so much time will have elapsed during which to gather a truly significant chunk of resource data, that even your upper scenario number may be surpassed. Call it wishful thinking but at the rate at which JORC numbers were piling up last year, and given the obvious aeromagnetic prospectivity I think its reasonable to extend the upper limits within the remaining months to 650-700 MIb.

Cheers
Shelcomm