the project, page-15

Hey 23,

Here's something for you to think about.

I'm pretty sure that I read somewhere last year that TGP had spent close to $10 million on Agbaja before spinning the asset into EIO. I just can't remember what newspaper stated it. In fact I think one of the directors actually stated it but I can't be certain. Can someone dig up that article?

So after spending initially $10 million how come they weren't able to define a JORC resource? Yet they reverse takeover EIO - drill some holes, spend around $5 million if that and they define just under 500Mt JORC inferred resource.

I just don't get it - does anyone else get it?

What exactly did TGP spend $10 million on prior to spinning into EIO?