Speedig ticket, page-31

Not a lot new to say so I've been quiet.

A couple of points people may want to ponder though; MYL have an extremely large supply of silver which will be readily streamed for any equity component of finance. Hence, they will not 'struggle' to raise the required money over the next 6-12 months. They will likely have a number of options.

The two underground scoping studies will also add large value to the project (beyond MYL's current US$280 million share of NPV). They are probably approaching completion at this point and while we may not see them due to archaic ASX/ASIC regs I suspect any financier party would be aware of their contents. Given the above NPV is based on approximately 20% of the previously declared resource and they continue to discover more, I would argue the project is massively undervalued. (it equates to 26c per MYL share for the 20% of orebody)

On the local violence front, the expats have been pulled back to Yangon but the local workforce is fully engaged still and would be in constant comms with the managers. I believe there has been no project interruption to this point as it was the wet season anyway and the local crew are working. I'd also reinforce this was a voluntary action on the part of MYL, not an imposed outcome. They are using good practises to ensure future stability.

Lastly, I hold 3 million options currently and will likely hold more over coming months. I dont intend selling any of the heads to convert.

My prediction; people will wet their pants and some will sell but they will buy back in 3 months time at 8c plus as things return to normal and good assays come through with the recommencement of drilling. They will then wish they had of bought at 5c but hey!, that's what most retail does