tastarga.... you da man..., page-19

re: capex usd83 million for dairi As always, there are positives and negatives in any situation. I have reviewed the presentation, and I have some questions.

1. Is US$83 million the total capex, including indirect capital, owner's capital, financing costs, political risk insurance, over-run provisions etc?

2. What is the cash operating cost per lb of zinc (including net credits from other metals), and where does that place Dairi on the industry cost curve?

3. What has been allowed for realisation costs? ie concentrate transport, stockpiling, ship-loading, shipping, insurance, port charges, agent's fees, etc. What smelter terms have been negotiated (or if not negotiated, assumed).

4. Are there any deleterious elements in the concentrate that might require penalties to be paid? Are there any contaminants that might reduce NSR?

5. Dairi is likely to represent something of a mining challenge due the close to 45 degree dip. What are the hanging wall conditions like? How will the company manage the ground support issue? Are there likely to be safety risks from dangerous ground?

6. What site infrastructure has to be put in place? Access roads, airstrip, water supply, power, town site etc. At what cost? Presumably this is in the capex.

7. I didn't notice any information on metallurgical response. Presumably the metallurgical response in the mill is fine, but it would be good to know what expected recoveries are to each concentrate, and the concentrate grades.

The potentially positive aspect of this project is the upside in terms of further resource that might be discovered. What are the indications for further ore, how much might there be, what grade might be expected?

As always do your own research. Do not rely on anything expressed above.