crimsoncarp, treasurehunter and gizard, page-19

Don't worry about how long the holes will take to get drilled and how long it will take for the results to come back.

Once an announcement that Xstrata has commenced drilling the first target comes out you know where the SP will be. Drilling might start in 2 weeks or 4 weeks, it doesn't bother me one bit.

Very low number of shares on issue here means that the SP moves easily.

$1.2M cash in the bank, meaning it will last another 5-6 quarters as the company has very low quarterly cash outflows.

Millions of dollars worth in the form of the Pantheon investment which is an exciting prospect in itself.

$16M JV with Xstrata which is about to kick off the start of the drills after tons of analysis and prioritising of the best targets to drill.

And the MC is $6.6M...