Three things I took from the announcement and the subsequent...

Three things I took from the announcement and the subsequent Boardroom Radio interview.

One the Lena intercepts are 500 metres to the west of the intercept previously reported of 3 metres at 19 g/t. So you have to wonder what is in between the two intercepts and hope it means a larger shallower higher grade gold deposit than previously thought at Lena. We assume the program currently underway will have some holes in between the two intercepts.

Second those shallower intercepts at Break of Day bode well for a future operation. The more shallow hi grade results the better the economics.

Three RW has mentioned the possibility of a standalone operation. That's the first time I think I have heard him say that. You would need I suspect more than a 200,000 oz measured resource to justify that.

Its been a bit of a wait for Musgrave shareholders but looks like RW is lining up those gold ducks very nicely. More positive assay results and the wait will be rewarded.