We should here the results of the first sale in the next week or...

We should here the results of the first sale in the next week or so, assuming there have been no delays in the sale process. An average price of between USD250-300 ct should be achievable, depending on the proportion of larger stones.

More importantly, we should get some feedback soon on mining operations, including some grade reconciliation. In some cases, i understand they have been mining outside the resource area. It will probably take perhaps another month before a real idea of mining rates and grade can be had.

Looking forward, hopefully we may get more information on the next round of sampling. I guess BON's future lies demonstrating to existing players that the BOSS technology can help prove up resources in as yet un-mined areas and BON can make the deals and corporate alliances to steadily increase BON's cashflow whlist minimising any increase in the capital structure.

Regarding the capital raising, I gather this had been previously arranged and was required to underwrite BON's share of the operating costs for the current 6-12 month mining program.

I have been accumulating BON at 12-12.5c on Monday/Tuesday.

angus