re: going down to 40c Yes know about this see following,...

re: going down to 40c Yes know about this see following, announcement 5th August 2005 on Bigrlyi in the Ngalia Basin, NT

The majority of the interest in that joint venture has recently been acquired by Energy Metals
Ltd, a subsidiary of Jindalee Resources Ltd.
The current interests in the joint venture are: %
Energy Metals Ltd 53.29
(a subsidiary of Jindalee Resources Ltd)
Excise Holdings Pty Ltd
(a wholly owned subsidiary of Resolute Mining Ltd) 41.71
Southern Cross Exploration N L 5.00

Problem is, what are the chances of an actual mining venture in the next few years. Believe ARU will be well in front of the many wannabies