Ann: Commencement of Gold Exploration in North Kambalda-MCR.AX, page-12

Mincor is unfortunately losing favour. Price of gold is falling in the midst of their gold development. It was always going to be a risk when the US dollar rose.

Nickel price is still sluggish.

There is now the fear of a capital raising to complete feasibility study, develop mines and open nickel mines in the future on nickel price recovery.

We really need some good news from somewhere in a hurry to lift the share price and I do not know where it is going to come from. Although finding some lithium would not hurt.