Ann: Exploration Update, page-34

the announcement was kind of the total reversal I was expecting in an odd way ... but just as good:

a) we elimated the hurdles in the sense of regulatory approvals (environmental, pilot plant) .. fast tracking the timetable
b) we have another outcrop of high grade PM which could bookmark the resource further
c) early revenues with pilot plant trial (plus verifaction of IP assay technique)
d) diamond drilling into probably the most lucurative part of the resource

all the above I was not expecting ...

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but now all ‘red tape’ hurdles out of the way to get into commercial production early

from the announcement I was initially expecting partial assays from the drilling programme (with all the above hurdles still in place)

(may be ... behind the scenes the ASX has said ... let’s clarify this technique before you make the announcement which is independently verified ... by the way, BBX continue on with your drilling program) ...

this was definitely worthy of a TH