Ann: Change of Director's Interest Notice - P, page-5

re: Ann: Change of Director's Interest No... Early visuals may look good from the current drillig which should be announced to the market once complete. This may have been a factor in the recent directors buying but I think it is more how undervalued we are for the tenaments we hold and our JV's. Also there may be some unofficial corporate activity going on behind the scenes that may come to fruition in the future, who knows? Either way it is a good sign to see them dip into their pockets in a significant way.

Cheers

Retrac