Ann: $0.57 Million Placement to test the Copper Blow Targets, page-4

The thing which I like about this placement is that it raised just enough funds to get the drilling done. So the dilution is as small as can be hoped for at these low prices. The work program has been made clear in recent announcements and by the time it is finished, we will have a much better understanding of Copper Blow and the lead-zinc deposit to the north of Broken Hill. Wishing everyone a happy and relaxing Christmas and New Year.