Ann: Clarification - Rock Chip Assays from Tuina , page-12

re: Ann: Clarification - Rock Chip Assays fro... Colonel if I read you correctly, I think I agree. Maybe its just me but I read the quarterly pretty positively in that, it set out what needs to be done in Chile & when it will be done, likewise I took the comments on Kamarga as pretty encouraging in that they didn't say it is a dud & nobody wants it, I believe they are still working toward the obvious outcome which becomes more compelling by the day. The share price is really just a sideshow currently & does not reflect reality. As I've said previously, a glimmer of positive or 'acceptable' news will see it lift rapidly. Quite obviously I'd love the share price to be significantly higher but at the same time I'm a realist.

I can hardly be scathing of RMG share price when I look at my (not insubstantial) holding in FMG, they are going gangbusters in production output, Fe price is holding pretty well, their production costs continue to fall yet the market is giving them an absolute shellacking - so what hope a 'penny dreadful' with no production.