Rink,

The part of that press release that is still on our minds is:

1. An Australian JORC (2004) Mineral Resource estimate for these drilling results to be completed by end of 1st Quarter 2009.

2. Further drilling on other granted landholdings (EPM15763) in the D-Tree project to commence in 1st quarter 2009.

The JORC Mineral Resource estimate may be used for assigning a value to the company for the resources in the ground. Just multiply the metric tonnage by this months price for phosphate which is ~$250 per metric ton and you have the value of the reserves from that location.

The stock should break out of the fifty cent range when reserves have been proven through this process.