email reply from tony - within 2 hours

Please see email i sent to Tony and and his response.....

This was sent this morning and Tony replied within 2 hours.

Surely things will heat up very soon.


Tony's Reply.......

Your right cant say too much but scoping study finalized?

2 offers on sappes..



From: Peter Hogg
Sent: Monday, 28 February 2011 6:36 AM
To: Tony Sage
Subject: Marampa Scoping Study and Sappes update



Tony,

Firstly, I would like to thank you for doing a remarkable job over the last couple of years in realising profits from the CopperCo purchase. I expect that you will continue to deliver profitable sale of assets from the transaction in the near term.

The reason for my email is to ask a couple of questions.

The updated scoping study for Marampa, has is been completed and if so will it be released to the market?

And? Can you give an update as to progress at Sappes? Do you think the $50million quoted as a price tag is too low given the NPV derived from the updated feasibility study?

I understand you may not be able to answer these questions but if you can, your responses are greatly appreciated.

Regards,

Peter