Ann: Mallee Bull Update, page-36

Hi Team1, well the volume traded has been increasing over the past couple of weeks. But it is not huge by any stretch. If the share price were sinking with a volume level similar to that of the last week of January then i would be seriously concerned. Current daily volume is a lot lower. I put the current volume down to the glacial pace of reporting & the current volatility in the markets. Markets hate uncertainty & so some people are deciding to take profits. That is understandable.

Myself & Mickey have for some time now been talking about the need to keep momentum going via faster reporting. Geologists are often good at finding minerals but so many of them fail to understand the critical need of siezing market momentum. It is almost like they get blinded by what they have found. Basking in the glory of the deposit size & grades. Which means sweet f.a if you fail to monetize it correctly.

High zinc & copper prices wont last forever. Many mining companies are currently restoring mothballed production in both of these commodities. Add to that some monster zinc deposits that will soon be developed & the supply side is going to rapidly increase. Increased supply = lower prices.