Ann: Daily share buy-back notice - Appendix 3E , page-5

re: Ann: Daily share buy-back notice - Append... I would not be surprised if they dont crank up Mt Leyshon. hopefully a jv partner is ann soon. There is real value still inthat gold deposit.

The buyback is simply a support by management of the underlying value. If you can buy back stock at 18-20c after issueing at 23 then mad not to.I would not read too much into it.At 17 it was silly.

China is slow and I would also not read anything into approvals etc by the buyback. I expect an ann after end of financial year.There are a lot of different shareholders in this stock now and most would be chomping at the bit.One way or another this wont drag on much longer without real pressure on managemnet to use the cash.