chomp, page-31

re: chomp.orders purged early.npv.mookie Ive been going over the last few annmnts Mook and the overiding push of the annmnts is the speeding up to production by going larger with just about the whole project.The box cut,decline,haulage trucks,larger ball mill and another floatation cell.

They are to come up with revised figures for Perkoa "shortly" as mentioned in the finance and mine optimisation annmnt(pge 4).Gee we finall get to see it too do we.

http://www.aimresources.com.au/pdfs/asx_ann_18oct06.pdf

It will be nice to see these new project figures as what has been mentioned in the last few annmnts and the media has been all over the shop.

One annmnt mentions an ore processing rate of 45,000t/month(540,000t/Yr).Another mentions 650,000t/Yr(54,000t/month).

Are we to expect the original Bfs parameters(such as zinc produced)to remain the same and is this upsizing purely aimed at accessing the ore quicker and ensuring the original throughput numbers are attained or can we expect some upside to these original figures.It seems that DRA/Byrnecut probably should have been brought in a lot earlier considering they have pretty much turned the mine plan on its head.

This could well be one item the market is keen to see and possibly why they are to ann it soon as they may have been pushed by various larger holders to give us this optimised mine plan to instill a bit more confidence in where Perkoa is going.

An offtake would be good too!!!!!!

A bit surprising that the sp has actually held its current level when you consider the large changes this project has incurred in the last few months but then I suppose thats the advantage of being in a bull zinc market.

Lets just hope those final Perkoa numbers do this project justice.

d.