Ann: Pilbara Mining Lease Acquisition & Proposed Security Issues, page-12

I take comfort they paid Hartley’s a bag of shares rather than cash for bringing today’s Pilbara project to them. I’m sure Hartley’s would have asked for cash if they thought the ground was barren. Directors also taking shares and options in lieu of salary is a sign of some confidence here.

This company has certainly turned itself on its head in the last month with this new focus and now finds itself with four projects and four chances. More shares on issue but better odds of finding the company maker. GLTAH.