Ann: Bulletin Successfully Completes Placement an, page-3

re: Ann: Bulletin Successfully Completes Plac... Not quite as decisive as I thought it might be, but still not too bad. 8.5 gives long term holders a chance to top up at a reasonable price.

We are going to need some positive drill resullts or an update on the funding negotiations to get new punters to pay a premium over th SPP price in the short term, but I'm sure the Board are well aware of that.

At least they have some funds to follow up with the recent drilling etc around Nicholson North. Promising looking area and keen to see what they can find under the surface.