Ann: Quarterly Activities Report - Dec 16, page-10

Hi civil,
Dont worry about dyslexia; the best boss I ever had had number dyslexia but he more than compensated by having an incredible memory and he was an amazing "from the top down" logician. I usually crunched the budget/marketing data and he took it from there.

AMI's current weakness is LOM and that is why ongoing upgrades of drill results and reserves/resources
are very important. The most recent drill results are very encouraging and should, IMO, significantly extend the LOM. It is simply not good enough to leave this price sensitive info to the AGM/end of Fin year because others are likely to have this info as it becomes available , IMO. This is the reason for ASX mandatory continuous reporting.

On another thread I suggested that AMI buys HLX which is about 30ks crow fly from Hera and, IMO,
would make a good fit to quickly extent AMI LOM. HLX's other tenements in Chile etc could be flogged off to defray buying costs thereby keeping valuable assets together.

In the meantime we look forward to a Reserve/Resource upgrade shortly.

Cheers and have a great Australia Day.

Moorookamick