Ann: Release of Securities from Voluntary Escrow, page-195

Hey@binwood - i think we all need to just try and relax on these SOI.

I dont think we will be comparing to Savannah in 2-3 weeks time. I think given the assemblage and massive under estimation on the first 8 holes we have seen in the published "actuals" we will be comparing the new drill data with the our so called big brother at Corridor 1.

Now lets assume the first Jorc resource is where we think it will be @1.8 Bt ++5% (FROM SURFACE) then yes the company will issue another 160 Million performance rights to Sofala and Trophosys (and quite rightly so). Tell me on a pier to pier valuation where does this sit globally? And what MC should it be? At north of 6% then ask that question again and IF god help me its around 7% then are we now looking at being the BIG BROTHER given the size of our EL's?? Plus 5 extra drill targets? Plus Linhuane? What are we worth? $50-$100 Million??

Work on using the current SOI Plus MRQOBs being issued (. Plus the milestone above for a Jorc of 350 plus at 5% - 160 Million) and we are looking at circa 1.8 Billion SOI with $7 Million CASH in the TIN. This tells me 5 cents in the short term is highly probable and very realistic.

For the last milestone to occur the company must be sold or have a valuation of ++100 Million. So respectfully using the SOI above (1.8 Billion) we are looking at 6 cents plus also for this to even occur.....A great issue (pardon the pun) to have.

Cheers all.