Ann: Quarterly Activities Report, page-5

Cullens assets should put them at 5c so good buying at these levels - BTY 5c is conservative with the recent resource upgrades and tenement positions - .005 is good buying and not many willing to sell at .005 when majors got more at .004

Buy at .005 and hold if you like the Fortescue unfolding - think people are too scared to sell at .005 and the capper at .006 is wasting their time - they should remove their ridiculous order and let the shareprice appreciate - they have achieved absolutely nothing by sitting there all week and no intention to sell lower

ZZ there will be a recovery at some point as supply and demand equalise and demand takes control once again - we will be in good position once this happens and a multiple shareprice of todays measly amount so if you like out position in pILBARA and other locations then its a buy and hold - Perth Capital still like our holdings

cheers Schu