vwap manipulation: prior to a t/o?, page-85

Enoch,

All good for this year on the exploration front, however I got the distinct impression (reading between the lines) from JA's presentation that he believes we will inevitably be taken out by a major,probably after we prove up sufficient resources.

Comments like "we are doing the exploration for "the majors" that have already shown interest" doesn't instil bucket loads of confidence that JA & IVR have any solid strategy from here to production in place at the moment. That is a slight concern for me at present.

Anyway, the drilling rig results are going to have biggest impact on SP over the next year but the strategy needs to be gradually developed and conveyed to shareholders by the end of 2013.