annual report 2009, page-3

Shizen Rogues ... I havent got enough of them haha.

This is sweeeeeeeet.

Even mentioned the Uraniun next to PDN in Malawi ... I dont believe it !

Back to the gold ... 1 mill ozs, USD 120 mill NPV base case @ USD 1000 / oz ... expect much more gold ounces coming with drilling and likely to increase base case.

Finance for BFS nailed and same financiers want to fund the project too on completion ... what , no MacqBank pirates needed ... I dont believe it haha !

Interesting to note that our local JV partner (for 25%) is also partner in just about every other mine along the 1900 km geo trend. Interesting.

VERY LOW OPEX indicated.

And market cap only 15 mill ? ...... not for long I suspect. More advanced Ozzie peers order of magnitude higher market cap than this. ORP maybe lagging 12 - 18 months behind ?

Release came after close of trading ... lets see what Monday brings then.

Most importantly for mine, all this share cap expansion to fund evolution ... now have enough to complete BFS with conceptual commitment for full project funding later (?) USD 70 mill ? ... has NOT resulted in much more increased liquidity cos all done privatley ... hence overhead resistance should oNLY be stale bulls ... and who knows they may want to buy MORE now themselves to average down given the security of project funding now apparent.

This is MEGA Rogues ... loving it by the minute finally.

And what are they going to do with the PDN-proximity U-ground next ?

Only 15 mill market cap ? ...... praise Zeus !

IMBOOC