placement to raise $5.29 million @ 1.5 cents, page-81

The only thing established is the plant, not the mine.

Having an established JORC resource does not automatically give you a mining reserve. As a Mining Engineer you should know this, yet you continue to confuse the matter.

Previously you stated a study wasnt needed, now you are saying "never once was there a mining operation going on without prior studies being embedded in place" . . which one is it?

For a mining reserve studies must be undertaken, SBL have indicated that in Year 2 ore source will their in-ground resources, yet this study has not been indicated to have commenced, nor budgeted for in the last two capital raises.

A lot of smoke and mirrors by management here, I dont buy it as readily as you. Again, as a Mining Engineer it is very surprising you do.