Guys, I had not intended to post this as Jazz's communications with EH which he has shared with us ( thanks Jazz) covered things pretty well I thought. I too made contact with EH, by email in my case, prior to Jazz's posting, similarly enquiring what was taking place after the Sept 24 announcement that drilling was continuing. I did receive a reply from him. Whilst obviously nothing of a market sensitive nature could be disclosed, he did explain that while drilling was intended to continue through the wet season and IGO were on-side in this respect, and that wet weather accom has been installed, the arrival of the rains was sufficient to cause the "main track" to be lost and so further drilling preparations were no longer possible. He did acknowledge the confusion re drilling progress that has been raised in HC postings and was apologetic. If I interpreted correctly, some drilling had been continuing immediately prior this rain event that knocked out the main track and a full substantive ( his wording) report bringing us all up to date on the exploration effort was being prepared currently and should be available later this month, sort of around final week Feb. All in all, the tenor of his email was quite positive, he does care about shareholders, and has high hopes for a successful future for the company. I was comforted. Like others I'm in the red somewhat on my investment so far but will continue to hold. I have topped up recently at 10.5c ( this was before the email correspondence with EH) , although only did a modest size top-up limited by available funds at the time. Am still mulling whether to add more for what could be a rewarding year. We have cash ( 6 mill), a respected partner with deep pockets and well experienced who were prepared to shell out at 20c for a piece of the pie, which has got to be encouraging, and there are still not too many shares on issue.
BUX Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
