Ann: Ceasing to be a substantial holder, page-7

Hi Davisite

A couple of weeks ago I did call the Co to ask a couple of questions and in passing raised the share trading. Management also doesn't think it is the major shareholder either and put it down to small holders. The volumes are not huge and there will be plenty of people in the green, even at today's price,... but when I look at the average volume at the beginning of the year and compare with the current volume it is at least double. No retail holder who bought in the last few months is profiting by selling below 20 cents. There is absolutely no incentive to be selling just prior to the drill campaign... so who can it be? Since the CR, the selling has been a constant downdraft and it doesn't look like manipulation to accumulate [at least to my eyes].