Ann: Presentation to 2014 AGM, page-2

Have always followed TMZ, since its debut, without every buying. It's an interesting company but then it was interesting at 20c also.

No real indication when drilling might begin next year for either their standalone project or the JV with Kidman, not a lot of cash and their Thomson Fold project won't see drilling until 2016.

Love the tight register and low cash burn but at the end of the day explorers need to spend some money and be highly active in the field to give themselves the best chance of discovering something worthwhile. Maybe I'm underestimating their efforts but one would think the current sp does all the talking.