Ann: Presentation, page-124

I just watched it for the first time then. I wish it was at least half and hour but to get half an hour your would have to pay for half and hour.

Ive not seen any others but there would have been a time limit and when we hit ours we were told game over.

Thats not the ladies fault Zeff made the mistake of many/most public speakers and timed the thing a little bit out which is a pity because the speculation at the end is one part we all find most exciting.

On the simple facts its pretty easy to understand, theres commercial gold everywhere we look and a lot of it.

A couple of the southern extensions look extremely exciting. We are focusing on Ternera while having a bit of a look around elsewhere.

What occurred to me is besides Ternera (which had fairly recent previous artisan digging) all the other mineralised zones we have hit and named have been discovered by us in recent times.

So it seems likely to me there are further zones in this large richly endowed lease that we haven't even found yet.

The other thing to consider is just because Ternera is the most advanced zone it doesn't mean it is the richest zone.

Put simply we may be yet to find the best.

No disrespect to Ternera, it is certainly a world class asset IMO, just saying we are at a very early stage of looking around the rest of the lease and we don't know what exists at surface on a lot of it let alone at depth.

What we have at El Zorro can only get bigger, it cannot shrink and it is already massive.