Ann: Monax secures High Grade Western Queen Gold Project WA, page-11

Took a pilot entry last week and may consider topping up again.

Having Ian Gordon and Rob Kennedy from the RMS team on board made it an easy decision for this holding.

The SPP was poorly handled and looks likely they will need some injection of cash. Will be interesting to see what Ian can muster up.

When you have an executive that is filling in on the top job without taking a pay and taking in options exercisable @ 1.5c whilst stock is trading at 0.7, you must wonder what he sees in the company. Critical to get set early before the ball rolls. Saw the same thing happened with DDD when they got a gold project in Haiti and they have now doubled.

Will take some time to churn in movement upwards but currently have more upside than downside bearing the next cash injection results. Fingers crossed they can do it at a premium or without diluting the existingi SH too much.