Ann: Mineral Resources Increased to 1.1 Billion Tonnes, page-21

Yes and no about your comment. Obviously people look to compare and contrast and both companies as they are neighbours and both obviously try to present themselves in the best light possible. I think what Raphael has done is focus on the cards they have in that comparison. MEI has vast scale but due to stroke of luck they're still by looks of it hunting down further high grade pockets by exploratory drilling. Either that or they're looking to say add another 5Mt plant into the PFS in year 10 or so? VMM is playing the cards they've got. They may not have the size of MEI but they've got high grades resulting in an impressive like for like NPV on the basis of 1 5Mt plant vs another, and they're likely to add more land in part as one of the original vendor still has more turf in the area and I can see that there's some good strategic parcels I'd want if I were them. I did suggest to Tunksy that I'd be happy to let go of my VMM for a scrip offer at a substantial premium so they can cut down the time they're spending on further drilling, but no reply on that >.<, nor did I really expect one. Again I like the overall resource of both companies just happen to hold one and not the other at the moment.