Black Oak Sprouts, page-3

Some reading for all those who don't know what they've invested in. Obviously the most prominent recent event is the CCU silver project, but the $60million funding was primarily for the below two projects.

Obviously if the new mill ball can reduce the AISC of the silver production (just before they went into administration , CCU AISC were around $AUD 21.50). However I am hoping the initial production of the stockpile will result in a much lower AISC.

I guess we will find out in the next quarterly.

Happy reading.

Marda Gold Feasibility - NPV of 61.1 million @ AUD$ 1,500 and 10 month payback

http://hotcopper.com.au/threads/ann-marda-gold-project-feasibility-additional.2157721/#.VNK57WiUeuI

Mt Boppy (mine from PLY upon merger), NPV of $22million @ 1,500 and 19 month payback.