Ann: Investor Presentation - 121 Mining Conference Sydney, page-19

this was warned a long time ago about these explorers rinsing and repeating the process of drilling and coming up with plans that they have no way of getting finance for.

MGT and HIO both had a small window to complete financing on just scalable projects, and they failed to do so, so they will come back down to the 20-50mc range, and will likely slide down to the 20mc range as the equities markets dry up even more over the next 12 months.

MGT is burining your money to keep things going, and they have no clear plan to get this project FUNDED, which is the most important part, people forget that this resource has been around for a decade and still no progress past drilling