Ann: Corporate Presentation, page-22

it doesnt matter. maybe never. what i recognised was the .003 joke that olds were giving away obs. so i've taken a corrective entry and exit.

this rise to 10c is a bit of a surprise, until there is more validation with say of a northerly drill program.

if it keeps going, i say well done to holders.

but if RC 2,3 etc disappoints , does bring back the sads here, i guess then i re-evaluate if there is a mis priced opportunity.

hopefully for longs, they sustain interest while they get a second drill program underway.

one concern i had, was the deep well of old holders who might return to sads if there are any hiccups. As i suggested, it has taken new buyers to give this some air. And quite an unusual depression.

think about the sellers who gave away OBs at 20-1 LVR at .003
their relatives may still be on the registry.

20-1, and indeed 30-1, quite demoralized. And no buyers. quite exceptional in oppies with 12 months and active drilling underway.

i did my best to give an insight to what i perceived as a fairer valuation. hope those here kept faith. but having seen that re balance, exited the opportunity has passed until there is further gravity to next drill program.