Ann: Change of Director's Interest Notice MS-BBX.AX, page-23

Too many friday beers down to do a good calculation but drake are very close to 50%. If they want it bad enough they could exercise their 20 mill plus options at .0125.

This would of course put pressure on on other option holders to convert, even those 5 cent options might need to be used to keep them under 50%.

For the record i sold 1/3 of my holdings yesterday as i needed the funds and will be looking to double down in a few weeks when i can hopefully in the 3.3-3.6 range.

I still think we are on the goods here but lack of communication about the other drill holes forced my hand.

I also think we should give management a big wrap for putting their own dollars into this the last few weeks. Although disappointed with the last update they have given us a shot at keeping drake under 50%. Well done Jeff, schu and Dix