Ann: Change of Director's Interest Notice , page-11

Well Enrich if doing a true comparison you'd have to go back to what price IGR was, or what its MC was in actual fact.

I'm not going to go into great detail as basically requires lots of working out as new shares come on market etc to alter MC.

Regardless their real move came from start of production for 12 months after.

A year before start of production IGR was trading between 10-20 cents.

So in respect to these very rough figures you'd still say MYG is trading well below IGR was at same stage.

If we can replicate IGR and I believe we can go very close to, then our growth should be as rapid a few months into production but at hopefully a SP sitting around 15-25 cents already.

18 months from now, so long as delays aren't huge, and I'm not expecting production until late quarter 2013 (thats just my take) then I think our MC should be 250-300 million.

Im also basing that on closer to 75,000 ounces a year.