You initially stated that your geo friend`s consensus was that...

You initially stated that your geo friend`s consensus was that the initial drill core photos released by MOX were very good...with perhaps >15% Cu

More recently, other geo friend`s have stated that they are negative because of the lack of chalcocite from the transition zone and lack of brecciation.

I note MOX`s quarterly report on page 7, used the words ``this grades to INTENSE silica-hematite-albite alteration and BRECCIATION``

The Quarterly also talks about a zone of SUPERGENE WEATHERING on top....not sure what that means...could that have removed chalcocite from this zone leaving a strongly mineralised transitional zone underneath?

The reports all say there are variable amounts of visible bornite and chalcopyrite in hematite breccias in all 3 initial holes. The photos are impressive.

Carrapateena is the closest mineral deposit to Punt Hill...Here the Upper Bornite zone graded 73m @2.9% Cu from 476m and there was a lower chalcopyrite zone grading 33m @1.5% Cu from 607m.There is no mention of any significant chalcocite there.

I suspect that MOX drill holes having VISIBLE BORNITE thoughout the whole mineralised segments of all 3 holes(215m and ongoing in first hole,170m in second hole and 143m in third hole), are going to come up with much better results than Carrapateena.

The CRATER LAKE under Hole 2 from 790m to end of hole at 975m has visible copper mineralisation and is prospective for GOLD mineralisation as stated by MOX.

The Groundhog trend is as big, if not bigger than Olympic Dam....the Quarterly states that all 3 holes have a similar basement sequence except for the Crater Lake under the second hole.

Your thoughts would be appreciated.