Ann: Response to ASX Price and Volume Query, page-17

If it is indeed pilbara then it would be interesting to see where they end up securing the land - pretty much everything available was staked by novo - so this is going to be acquired from private hands - hopefully something like what MZN got (only their management team is not great)

Land on good strike - hopefully with conglomerate in it (with gold ) - good management, cash in hand - this would re rate significantly. if they have permits in place - will go mental.