ann out initial drilling results sth aust, page-5

Fair comment. If you look at the background of their JV partner MEL http://www.mineralenterprises.co.in/product.html# you will find they specialise in processing this type of ore. That is why they were chosen, for their expertise and highly likely to be a life of mine purchaser of the ore as well as being the project manager of any future operations. Let’s not forget the close proximity to all infrastructures which will significantly reduce any Capex and Opex.

Remembering they still have the Coc kabidnie and Mount Hill results to come in the days ahead and this is where I believe the real "meat" will be ( Copper, Gold and Uranium). It’s not surprising that these were not entered into any JV's.

Dr Parker, as some may be aware was the former chief Geologist for the South Aust. Geological Survey, so he is well placed to know where the most highly prospective land is located, hence the selectively granted tenements.

Regards
RBA