Ann: Diamond Drilling to Commence at Wodger and Forrest Prospects, page-39

Hi SM and Stove,

I am not impressed by the share price performance either. That said we have a lot hanging on the current drilling program at Forrest and Wodger. We are probably not at the target depth for the first hole yet (at Forrest). Therefore as I see it, the current share price and for that matter the head office location is irrelevant. This is the time for shareholders to be excited as we have a promising drilling program underway. We are under the radar in my opinion and a few holders have sold up to chase other rainbows. That said if the current drill program is a duster then it will be ugly. I'm willing to take the gamble as aside from the real estate being good the management seem to be technically competent.