Ann: DD Program Expanded and High-Grade M1 Intercept Returned, page-20

A little update on yesterday's proceedings.
Amanda presented to a group of 50 high net worth individuals in Melbourne CBD yesterday.
The presentation was a huge success, the many investors I spoke with were very keen on
taking a position within the company.
Speaking with the event organiser, I was surprised to hear that this small group of investors contributed over 22 million dollars of capital to various IPO's and cap raisings over one financial year.

The following were little bits of new info I'd picked up from the presentation/ Q&A session.

1. Big Springs had been shopped around for an asking price of 30 million last year. There was sporadic interest up until early this year. Most previous offers included scrip in small illiquid companies. Interest in Big Springs has increased exponentially this year.
2. WA8 are now in regular contact with First Majestic Silver, this was not expanded on however I think the inference being made here is fairly obvious (either First Majestic are a potential buyer of Big Springs or there is a real possibility of a toll treating agreement).
3. Current NPV for the Big Springs 2017 mine plan is now approaching USD 200 million.
4. The Golden Range mill has been checked over by an engineering firm, depending on rock feed composition, the plant would currently cost between approximately 10 to 50 million to refurbish.
5. Diamond drilling currently costs approaching $400 per meter which includes assays and transportation.
6. Amanda spoke directly to 29M mills configuration being amenable for milling Golden Range dirt (remember me going on and on about how hungry their mill is).
7. The short to medium term target for Golden Range MRE is 1.5 million ounces with at least 750k in the measured and indicated category (equalling a projected 10-year 75k per annum mine life).
8. Amanda genuinely believes Golden Range has the potential to become a greater than 5-million-ounce gold belt.
9. About 20% of the current budget is being spent on greenfield copper/base metal targets.
10. Amanda spoke to Golden Grove. Golden Grove (which lies a km away from Golden Range) is widely considered to be the most prolific VMS system in Australia.
11. Brett Davis will be back on site within days of the last core samples being assayed.
12. Metalurgical results so far have been mixed indicating that some areas may be mildly refractory whilst other gold loads appear to be free milling. Amanda was at pains to highlight that the tests were not definitive yet and that both Deflector and Golden Grove are able to process both refractory and non-refractory rock types.
13. AB is extremely excited about the M1 pits potential for monetisation in the near term.
14. Any monetisation of our gold assets would be spent on growing GRange resource base and more importantly it would the extra cash could be deployed to exponentially increase our discovery budget (less than one fifth of GR 70km shear zone has seen modern exploration).

I'm sure I have missed plenty more pertinent information here. The presentation and Q&A session went for well over an hour.
If anyone else out there in the HC realm attended yesterday, I'd love to hear your thoughts regarding the presentation delivery and message. What did I miss?
I truly think Amanda is one of the most articulate and knowledgeable MD's in the junior exploration/developer space.

Welcome aboard @DANNY2503

GLTAH