Ann: Contingent Liability Update, page-9

A little snippet that may support the build up of buyers !!!!!!!!


With regards to the maturity dates, due to the nature of the guarantees we are not able to estimate exactly when they mature. The problem we face is that there are a number of variables and to announce an estimate could put us foul of listing rules relating to forward looking statements. Rest assured as soon as we are able to do so, we will do so. As we have stated, we remain focused on pursuing the reduction and ultimate removal of these liabilities as soon as possible.

In the meantime we have entered into a copper-cobalt project at a time of forecast supply deficits for both minerals and an increasingly optimistic price outlook. We are deep in testwork and will announce results as soon as we have them. We are dedicated to doing the best we can by our shareholders and the project and hope to share results later in the first half of this year.

Kind regards,

Obviously getting much closer to the end of the first half of the year so the next lot of project results must be imminent !!!

MORE BUYERS HOPEFULLY POSITIVE NEWS -)-)-)

COBALT PROJECTIONS AND PRICES STILL VERY STRONG !!!!