Next Monday should be the day that management releases the report from SRK consulting.

Palladon Ventures Ltd. – March 30, 2009 Conference

Certainly the Company realizes what our priorities are and we certainly understand the urgency of the situation. We have a roughly $37.5 million debt payment due in late June and we, ah, the alternatives we have going forward
with a business focus, ah, as to a business focus, we will pursue those options and prioritize them, and to help us do that, because the significance of this deposit I think has changed so much in our mind, um, that we’ve engaged SRK
Consulting to advise the Company. They have a global iron ore practice and I think are in the unique position to do that and so we have an agreement to fast track this study and we plan to have it finished in three weeks.