updated resource, page-6

Reading between the lines, they want to prove up additional resources before they are confident to move towards production. Hence, why they avoided issuing production timelines and the comment:

"a full appraisal of Project economics (is) scheduled for the first quarter of 2008".

The reality is that we got a provisional BFS with the final BFS expected next year. Given delays, it wouldn't be unrealistic to expect it mid next year.

I sold today as the only thing sustaining the share price over the next 12 months will be drill results and resource upgrades. I don't doubt that these may provide a share price boost but I doubt that you will get the great returns that comes with a successful BFS and move towards production. Hence I will revist in 12 months or so.

Good luck to holders!