Actually the most interesting thing from that article I forgot...

Actually the most interesting thing from that article I forgot to add.

- Successful exploration "could be a game changer". There is a concept for 5 MTpa throughput possibly at 2gpt (i.e. 320koz pa!).

- 100% of Bullabulling could go into one of the two companies in exchange for shares, or a separate vehicle being created that might IPO at a later stage

- Reportedly Lawton said discussions were imminent, and indicated they were expected to be pain free

That would create roughly a $80-90 M market cap company.

The 2 Moz JORC resource is only to 120 m depth at a cut-off grade to 0.7 gpt. The management are about to drill 17500 m in November upto 200m depth and believe the grade increases at depth!

IMO the potential is for upto 5 Moz. This is with drilling success and decrease of the cut-off grade from 0.7 gpt to 0.4 gpt.

Feasibility study to be finished by the end of next year. First gold pour scheduled for Q1 2013 (saw this in a powerpoint), a little more than 2 years from now.

I think the next 3-6 months will be very exciting. Interest should build with any announcments of corporate activity or any substantial drill intercepts.