Ann: Gubong Project - Bluebird Merchant Ventures RNS Released, page-23

Iv been sitting on the side line, for a while now! Jumped back in today, just seems to cheap @23.5c! We Should see some good progress soon! Doughnut jimmy should hopefully give us a Jorc of 10,000-15,000 ounces and that should be a good little profitable mine ! Making us hopefully 500-700 margins per ounce! Another JV with blue bird shouldn't be too far away! And if drilling results from Cowarna this year provide us some good results, a re-rate should happen with a bit of luck ! Cheers ST