Ann: Information Required Under ASX Listing Rule 3.10.5A-GMD.AX, page-7

I am not that worried as, even though I have had a go at management, I think they are doing everything right in terms of setting themselves up to become a gold producer.

Good Points-

They have set up the first mining phase without having to raise capital from the shareholders, which is a huge plus.

They have said that they are going to use the money raised to drill to provide more dirt for the mill- another nice move.

They are also going to start drilling at Viking with an outlook to doing the same thing they have done at Ulyssis in finding a shallow deposit which is easily mined.

Weak points-

Information. The information they provide to the market is slow and they only release a very limited amount. They are definitely not marketing themselves.

The management hold a lot of cheap options that are have a shirt expiry date thus it is in their best interests to sell on market.