quarterly out, page-26

Just going back to the announcement the other day, and in the quarterly, we get the following statement....

"Given the success of the ore sorter trials, the company intends to incorporate a larger production unit, or multiple units, to achieve higher throughputs that match the outputs of the jaw crusher (550tph). In the meantime, the current trial ore-sorter is capable of processing 30tph and it is anticipated will shortly process high-grade native copper ore with estimated head grades of ~5-8% Cu."

Page 11 of the december quarterly announcement, states....

"Test work on the crushing circuit focussing on calibration and optimisation requirements of the ore-sorter were completed at the end of 2013.

Trial processing and optimisation of ore-sorter have been ongoing since this time."

When did the ore-sorter become a "trial ore-sorter"??? How much is it going to cost to get more or a bigger one??

We either need 17 more to keep up with the jaw crusher or a much larger unit (will it fit in the necessary place?)

So the much touted ore-sorter, is not the right one for the job and has become a "trial ore-sorter".

How many millions more need to be spent on ore-sorters? where will the money come from, the loan?

I just dumped another 20,000 shares at a loss (don't worry I need the tax loss) and my loss is quite small. I'm still keeping some, with the intention of buying when they are much cheaper in price.

The resource is magnificent, it's management that are now floundering. How many other costly mistakes are there in the processing plant that are as yet not known? Only a brave person would answer none.