idc agm meeting tomorrow- mt kare update!, page-3

Agreed Yurt and Nectar.

An outline on how Tony Burgess plans to drill these bonanza areas as well as update on how the company plans to accelerate drilling would be good and timing of the resource upgrade, maiden gold reserve and how long the BFS will take. And if they will update the IRR % as they find more and more bonanza gold (as per Hal's comments that he expects the IRR% to rise significantly with these bonanza zones).

I will also be asking them what is it going to take for the share price to break the 20c limit.

I thought the PFS was supposed to accomplish this, but obviously it didn't.

I'll specifically ask them those questions if they don't cover them in their presentation.

Very exciting project, but frustrating to see the share price not reflecting the value of the gold already in the resource, let alone the potential for it to increase, which is usually also incorporated into a gold explorer's share price.

R