Comments from Chairman Matt Shackleton at the AGM were...

Comments from Chairman Matt Shackleton at the AGM were interesting, especially related to the gold discovered at GOR's tenement contiguous to APC's on the southern side:

"While the focus of the team has been on the continuing development of the SOP project, a little unexpectedly the gold prospectivity of our part of the Yamarna greenstone belt began to attract attention during the year. Largely on the back of the high-grade intercepts generated immediately to the south of our southern boundary by Gold Road Resource Limited, we decided to engage with expert Australian Potash Limited (ASX:APC) consulting firm CSA Global, commissioning them to undertake a structural and geochemical review and targeting exercise. The results of the structural review were discussed at this year’s Diggers and Dealers forum in Kalgoorlie, however I am very happy to be presenting to you following this address the findings of the geochemical and lithological review and targeting work."

GOR has a few sites, but their undiluted MC is currently $623m as of today.

Not a perfect peer comparison but gives an indication as to the significance of the discovery just a stone's throw away to the south.