Ann: McPhee Ck resource drilling -Strong hematite, page-9

re: Ann: McPhee Ck resource drilling -Strong ... Wipper,

There is a chance that the initial JORC resource may disappoint some if it doesn't come in with at least 100mt. We've got to remember it's only an initial resource calculation, based on the limited wide spaced drilling done to date, so they will no doubt be conservative with their estimations.

A sell-off because of a low initial resource number would present an exceptional buying opportunity I would think, for those looking at the bigger picture at McPhee that will play out over time.