Ann: Half Yearly Report and Accounts, page-13

I forgot to add that he said it would be a 50/50 joint venture.
In addition the state government would like refinery and mine to both be a tourist attraction and also to be able to market and sell "sharia" gold, as they have the Grand Mufti as a consultant to the QM board.
QM currently sell Perth mint gold but believe they can sell " sharia" gold to retail investors in south east Asia (a big sharia market) at a premium to Perth mint gold if "approved" by the Gtand Mufti.
once again he said even though he is our Chairman QM are bullion dealers and not miners but we will get the right people ( expertise) to turn BEZ from an explorer to a producer.