Ann: Exploration Update, page-56

They already had the pre-collars done with RC as previously announced , that's how they completed the diamond drilling so fast, pity they could not have been as fast reporting the first hole completion. They only reported when it was half completed ( May 11) before diamond drilling down the hole was initiated. Pity they omitted the follow up report on completing that first hole, instead we have had to wait until after the dumping. That's the big issue here as far as I am concerned. Its the dumps between 1.3c and 0.8c that is of concern, as PPP apparently triggered the stop losses at 0.8c, but the damage was done by then. Management need to explain why in the face of that avalanche of selling when the company was obviously into the 2nd or even 3rd hole that they did not give us the update. I mean, why give us an update to advise they were half way into the first hole, then not a word since until today. Beggars belief. Its beyond comprehension given the free falling share price on high volume.