I've refrained from saying much on Hog's Ranch despite the sharp...

I've refrained from saying much on Hog's Ranch despite the sharp frustration expressed by those who were generally unprepared to wait for management. Since Christmas is past I'd draw attention to the current progress on Hilside.

Everything on the Hhog particularly the strategic review into it's future development, is subservient to Hillside. Since there is progress on the latter I expect when it's path to finance is all resolved the path will be clear for announcing what is happening with development plans for Hogs Ranch.

I don't want to put a value on it but very roughly 1 to 2 c of RXM's value lies there. I look forward to it being devolved with concomitant value realization ( note I didn't say full value). I would be happy to make the call on my holding in it at the appropriate time. I'm certain RXM is worth more than the current Sp and see HR as a bonus especially with gold starting to perform.

All IMVHO.