Ann: Noosa Mining Conference Presentation, page-15

Hi Foyt.

It's a shame the Marble Bar lunch was cancelled. From a shareholders point of view it was a good day. I made a point of planting myself on Lachlans booth for a couple of hours to listen and learn from his answers to all the punters questions. There was a decent amount of interest.

Key take aways:

* We are in very good hands

* Funding is available but the all debt route in the current climate is still not available without increasing the mine life, possibly beyond what can be achieved with the current drilling programme.

Hopefully a bounce back in the copper price will mean that the need for dilution becomes minimal or unnecessary.

Interesting couple of months ahead.