mcphee creek io deposit see asx ann, page-10

According to management, they are concentrating (almost solely) on iron ore exploration for the next 12 to 18 months.

The other projects add to the flavour – and certainly do not detract from management’s ability or attention – I would suggest it is more of a distraction to unsophisticated investors.

If there is a criticism to be leveled at management, it is that they are technically focused –sometimes at the detriment of “spruking the market” with their mining savvy. Make no mistake though; they are a top class act – and GIR is realistically/potentially a long-term takeover target.

Since I am no spruker myself - this will probably be my last post on this topic - although I reserve the right to pop in now and then