AEV 5.00% 1.0¢ avenira limited

noi, page-4

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    Good Report and two important things that I take away from it are:

    Page 13 -The capital costs of the project are estimated to be $107 M.


    And

    Page 24 -2.12 Timing
    Pending regulatory approvals, construction of the project will commence in September 2009 and
    take approximately three months. Production is scheduled to commence early in the first quarter
    of 2010. Subject to agreement with the land owners and relevant regulatory approvals the
    construction of the access road, village and aerodrome may be commenced earlier.
 
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