Ann: Essential and TLEA to enter into Scheme of Arrangement, page-57

What seems to be getting missed here is that we should have a mining lease next month. We are the only resource in Australia, and as far as I know the world, which can commence mining in a few months. Any other resource in Australia is probably eighteen months behind. As well our resource outcrops and requires a minimal expenditure to prepare the mine for production. We could be in production for DSO is three months after granting of lease and we probably have sufficient cash to finance the operation. The whole thing could be done with contract miners and crushers. The processing required would be merely crushing to minus 75 mm. Providing there is a market, it would be a simple operation. There is nothing like this in Australia.