Ann: Exploration Update, page-69

Oh the timeline's definitely slipped for some items on the schedule, but by how much? We might not miss the 3rd qtr deadlines by too much. Permitting which is due end of the qtr is close to being finalised. They've been testing furnaces for the pilot/trial mining plant for ages. We're definitely at the pointy end of the whole process.

The JORC is gonna be late because we still haven't got an assay method, but when I was reading the Review of Exploration Operations in the Annual Report, one word caught my eye: 'refinement'.

"BBX also advised that it continues to undertake extensive development/test work with laboratories in Brazil and Australia and with consultants in Australia, Brazil, Canada and the UK, focusing on refinement of a reliable, routine analytical technique."

Previously they've used the word 'development' when discussing the work on an analytical technique. Sounds like there's been some progress.