Ann: Request for Trading Halt , page-13

I remember that Rod estimated around 10k per 1 x 50 m diamond drilling. Not sure how many diamond drilling we would plan on the hot spot to establish Indicated Resource to support 20 to 30 yr mine life. It would be 10 to 20. Much less than a million would be paid to an independent local contractor. We would have Estimated Target Resource over 9 zones and Indicated Resource on a hot spot when the drilling campaign is done. What an achievement with a few millions in total! No more drilling, Full stop. No mucking around with in-fill drilling next year to convert Inferred to Indicated. We will move on with the scoping study and the feasibility study. The company stated quite a few times that our rock chemistry is so simple. No deleterious elements are not being observed. It will get the environment study easy. There are no hassles with co-products or by-products. The process plant will be simple and be purchased off the shelf.

I agree with hicbart. The dilution will be minimal, less than 2mil to cover 2 to 3 quarters. The company will look after the long term holders.