Ann: Addendum to the 2015 Annual Report, page-2

Gold is at around $1700NZ per ounce right now.

NZD down against the USD + Gold price ticking upwards a bit = NTL becomes even more compelling.

Let's not forget that the bulk sampling programme is legal and ready to go - that's going to fund the full construction of the mine.

There's a lot of good things in the pipeline for this company:
- Mining licence extension over Rahu
- Newcrest JV on Rahu
- Financing for Talisman bulk sampling (from a panicked Chinese source, no doubt, after devaluation of the yuan!)
- Further NZD drops on the back of dairy losses
- Construction
- Potential for further processing of stockpiled ore
- Restatement of JORC resources following acquisition of historic drilling/mining plans
- Beginning construction