grizzly waiting to maul, page-5

re: grizzly waiting to maul - oly U cant say GO for PF until u have the final gov approval and that has to take its bureaucratic course.

However, seems to me they have already begun their internal GO by already starting to preparing the roads / infrastructure from now. Our man on the ground Laser recently confirmed this activity as does the slide presentation .........u can see the minesite plans and activity is happening. Prob using some of that 4+ mill bucks in the kitty.

And seems also by comments at the AGM that by picking the high ground and constructing the sealed roads in a hurry now, they will become independent of any natural storms later and hence DONT lose the 6 months everyone was previously worried about. This will be a 12 month / year operation.

I pressed this point with TD in discussion at the AGM at he was adamant production start-up is on schedule for mid 2006. Remember also that second hand plant is already being sourced and if u have the ground already prepared its just a matter of delivering and hooking it up.

Also one other point I asked about ..........the 40 mill capex required can be done in stages over the plant construction stage tho we dont know what / how yet. They didnt seem top be in a hurry or worried as if its already worked out. They were more interested in putting down some holes first and this starts very soon.

I mean be smart ........why rush out now with yr palm extended when u have a drill program which has good odds of
(1) increasing yr oxides reserves
(2) giving u high grade copper wildcat hits at Mt Fitch and
(3) giving u high grade confirmation U-hits near the old mines on our existing leases.

And note all the plant and infrastructure is to be sityed inside our existing clean pre-Mabo mining licence surrounding the Browns proper reserves. Thats why all base case plans are based on Browns only .........no mucking around for any more approvals once PER OK is given.

They the heathens will come rushing to us with offers of tribute to participate after that I would think. I have every faith in the professional stature of our Olympian leaders in maximising value for their loyal followers.

IMOOC

Bring on the bearmeat deltra. Amateurs.