what is and what is not said, page-9

SW,

Agree, to a point.

Imo the reason for the push on Maitland (MR) is the main reason we have heard nothing on the other hubs, namely access to port and other infrastructure. Refer the recent Maiden Resource Announcement for MR on 4/7/11 - read the last page of the actual announcement -

MR Infrastructure.
"MR has favourable proximity to other important project infrastructure such as roads, rail, water & power"

I don't beleive they are persuing MR at the expense of the others. Drilling and other activities have subsided at some of the hubs so this the 'next on the list'.

As far as deals go it may well be a case of "what comes off first"..... However I think ioh know that the central and western hubs are the main game.

As for the drilling program, quite a bit of it will be infill drilling to expand the 'Indicated JORC' resource. For example, BH has only an inferred JORC, so more drilling is required to convert to indicated. As you would know, this may ultimately expand the total resource for BH.

All steps on the journey. Patience will be rewarded. I suppose the frustrating thing for all of us is that it just doesn't happen quickly enough.

Cheers,
Mac


Please DYOR.