Ann: Trading Halt , page-47

yep I bet its all good news too.

Personally I am of the opinion that we will hear the following.

1. Maiden gold pour. Amount, rate of production and comparison with model.

2. Revised cost estimate for production

3. Revised reserve/ resource statement. Upgrade including all recent drilling.

4. Increased proven and probably gold near plant warrants upgrade ASAP within context of points 2 and 3.

Consider also the possibility that JW might want a second plant of similar size at one of the other deposits (e.g .alpha) cost of trucking between deposits might be something to consider longer term. But this is by far a lower probability than the 4 points mentioned above.

Depending on the size of the cap raising it might also require an EGM. If the shares issues exceed 15% of issued capital within a year then bingo, needs Shareholder approval.

Should we get an announcement with points 1-4 above i suspect that the SP will move up strongly on certainty and direction. Leadership will count and putting the facts out there with vision is a sign of a strong company.

GC