copper confusion, page-206

Hi Dossa

If my posts are being interpreted as being linked to share trading concerns I can only really state that I have no association with any trading entities and it is unfortunate that these concerns are being raised in that context.

If there are trading anomalies then I would certainly encourage the regulator to do their job.

I seem to have been labeled as a negative down ramper for raising some questions or concerns about the way in which this project is being discussed and have just been posting about some areas that IMO the information is lacking to be able to better understand the potential of the project.

I certainly do not have a problem with the resource estimate but feel that there are a number of people are making statements about it that are not realistic.

Don't get me wrong - there will be some impressive native copper produced from the deposis and there will be periods of some very high grade!!!! I am pretty happy that the Block Model would reflect this but that information is not published so any reference to the tonnage/grade and levels of production remain speculative.

Indeed, the first couple of years may see significant production from these high grade native copper zones but my interest is in the bigger picture of defining and mining these orebodies, which is why I have raised some questions.

I don't think that I will be dissapointed by the amount of native copper in Las Minerale, but rather some may be dissapointed by the lack of increases above the current resource estimate that they are expecting.

As we don't have any reserve statements or a DFS we cannot really know the actual production. Pity as much of the speculation would be resolved if these were undertaken.

I also think that the key to the long term profitability of the operation rests with the sulphide resources and the native copper is the early sweetener.

The commissioning of the crusher will allow then to crush rock, the native copper production will come once the rest of the plant that is needed to extract it is also completed. They need the HPGR,jigs and screens up and running to extract the copper in the size fractions as was reported in the MET testing. So my prediction is that once these things are finished and commissioned then you will see the native copper being produced.

I am not trying to be inflamatory in the posts (sometimes I do bite in a response) and do hope the shareholders get the returns they expect.

It is just that there should be more information made available because without it the speculation will continue to run rampant.

I have also learned over the years to put my faith in good data but when that data is not available I struggle to sometimes just accept that things are as they seem to be.

Cheers
Tuskie