Ann: Results from Regional Programme Confirm Potential, page-5

Having reviewed the release I'm having trouble reconciling the market reaction. It was wide spaced AC providing extensive mineralised zones. While grade is nothing to get excited about, just yet, it is very early early stuff which I thought would be encouraging. Particularly considering the in the area. Results not to different to the early days of BRB and DCN.

While it would have been comforting to have a few high grade intercepts at this early part of the drilling maybe the market expectation was set to high or the sellers didn't really understand what this drilling programme was about?

I'll be holding until the full programme is in.