stage 1, page-19

GJCL - I think the market will completely ignore the . 2% cut off grade but if they can get the CU grade above 2% not CUEQ into measured for the 30mt and they can get a decent whack of the 98mt .4% cut off grade also over into the measured category at above 1% cu ( not EQ ) then you may get your $3 number. I think any expansion of the 272m ton global resource at .6% cu eq using .2% cut off will be treated with a yawn by the market.

An ore reserve statement is also well overdue - most companies would have one of these and a DFS released by this late stage of development


hOOt