Ann: Iltani achieves highest reported indium grades at Orient QLD, page-14

I went back to this analyst note for another read in the context of recent presentations and interviews. The analyst has used ILT announcements and results to calculate a back of the envelope potential resource of 40-55Mt @ 80-120 g/t AgEq. If you calculate this out it equals roughly a range of 100MOz - 200MOz AgEq in the ground. No mining dilution or recoveries applied, just a gross number. And for investors more attuned to gold stocks, this equates (in my calcs) to 1.2MOz to 2.5Moz Au. These are just my calcs and I'm open to any corrections if i have got it wrong. However, seems to me from this analysts interpretation of the results, that ILT has definitely got it's foot on some big potential at Orient. The Company has said that after the next round of drilling the results will be fed into modelling of an exploration target prior to a potential resource drill out. And then a potential maiden resource by year end. Patience here could be very well rewarded.