Ann: Trading Halt, page-48

As I said before guys - I've been hiking in the Zambales Mountains in Philipines. was offline

Im just back to Subic now, ready to party.

guys look I don't know what the announcement is -Ive just seen TH now too -I'm hoping its the resource upgrade.

As for potential board changes -I really don't know much more than most of you guys. However I do have a personal inkling what it may be - but its just my own guess - but its certainly not advisable for me to guess publicly here until the announcement cos-
1. I may well not guess right - and look like a dick - or
2. If I do guess right then I could be accused by the usual haters of insider stuff.- which is not the case - I havn't spoken to BB in weeks.

so chill guys - we'll see soon.

However - probably More importantly for me I see NZC just got a takeover offer at AUD 109 million cash by Chinese co. and they only have 7 mill tons Co or so right??. (although at much better grade)

what could that value CLA at if post resource upgrade they hopefully have over 200 mill tons.??

also cobalt moved up for first time in a while while i was hiking-. I personally reckon theres a good chance were at a Co bottom.Thats the main point for me.

we unexpectedly ran into some pretty unfriendly and well-armed NPA guys (commie rebels) in the Zambales mountains so I'm happy not to be being held a hostage for cash right now !! that actually helps puts short-term share price moves in perspective!

Im now off for a HHH trail-run event in Manila over next few days- ill give my opinion on the ann as soon as we see what it actually is.

meanwhile

one more San Mig light please!