Ann: March 2015 Quarterly Activities and Cash Flows Report, page-3

Excellent report.

10 projects.
Only 30% sole funded (assuming Phar Lap 'firms up').
The other 70% involve 'established' other parties.

Cash on hand UP $285k (almost cost of another diamond drill at KI), to $1.626m.

Exploration = risk (albeit with God's leverage), with 10 considered projects,
AND a cash increment of 21.25%.
The company is in excellent shape.
MC $2.35m.

Well done directors and management.
Thank you.
A turning point?
But Mum's still the word at Oliffes.