significant new potential in copper / gold, page-12

No doubt the Nowa Nowa copper intercept (33.5m @ 1.89% Cu) is very nice but they have known about it for quite some time and done apparently nothing. That intercept is reported in the 2009 Annual Report on page 4 which was released in October 2009. Seven to eight months ago.

You would think Nowa Nowa would be the top priority project as I believe that intercept is significantly better than any intercept from the other projects in QLD and the NT.

I think people are also worried as they don't have much money in the bank. They spent 540k last quarter and now only have 369k. They need to raise money this quarter.