Ann: SFR: Doolgunna Project Exploration Update, page-38

Here's a thought to contemplate over the weekend!

As much as Sandfire has not, as I see it anyway, done RNI/AUR any favours over the past 8 years, except the controversial farm-in agreement entered into in late Feb which precipitated the board spill which ironically boosted AUR's share price, followed by the massive sulphide discovery (more boosting), it now has to be seen as AUR's greatest ally in my opinion.

It could be seen by SFR that AUR is an ally of it too, because of the prospective copper ground that it has, 2 separate sections of which have yielded a copper massive sulphide hit. One was at Orient (Cashmans project) and the other at Wodger (Forrest project).

The business synergy, I am sure, will not just be limited to the Doolgunna and Morcks Well East farm-in/out. It's going to get bigger, and stronger too.

Just think about these things for a minute, looking at it from an AUR perspective.

# Assuming AUR, by itself, found minable copper, then which company is likely to process it? Who ya gonna call? Karl!!

# Assuming Sandfire finds minable copper on AUR's farm-in land, then who's gonna process it? Karl's Sandfire of course.

So, either way, Sandfire will be heavily involved. The business relationship is inescapable.

What's very good about both scenarios (especially the first one) is that the copper will be mined if economically feasible. AUR won't have to worry about creating a processing plant. It's already there. Now that has to be good news for investors eh as there would be no concerns about getting the copper out of the ground and processed.