where to from here, page-7

During the course of today's discussion the comparison with VML was made. So I thought let's have a further, more detailed look at the VML announcements. Interesting to note that today's is the first RAU announcement on WW drilling results - VML over the course of 2007 made 15 or so annoucements on Watershed re their drilling activities. That suggests we have a little way to go to firm up the resource and therefore extremely premature for the nay sayers to condemn rau and say the sky is falling in after only one set of drill results.

The other criticism was on the grades - and again the early watershed announcements included a whole variety of grades (including some excellent ones).

Bottom line - I have more faith in the geological talent and experience of the RAU team than the supposed experts sitting here on the sidelines. The faith is there because they are out there and doing it.

Watch this space.