Just spent a good hour reading through SRK's independent report...

Just spent a good hour reading through SRK's independent report for Ausbase venture into Cyprus.

I'm actually very impressed and didn't expect it to be this good.

Bring on the EGM and the name change!

Obviously we have a few members here that have gone through the last few years of pain as I have. This I hope is third time lucky!

I really think this time we have a real deal. I'm very impressed with the board that's been put together for this venture. The latest inclusion being Raelene Webb QC.

Ausbase also have appointed a very experienced geologist who has been working on these assets for a long time. Mike Green wanted to stay on board to see his dream through. I see this as another very encouraging sign.

With drilling expected early 2013 this Cyprus deal could be a major company maker IMO.

SRK are very respected mining consultants who are used world wide by most of the big boys, so having them give this deal a major tick is good enough for me to stick around and give this investment one more chance. Check out the website..........http://www.srk.com.au/en

IMO brokers will be all over the IPO after reading this report as they rate SRK's independent opinion very very high.