10c by xmas, page-2

I don't expect any "bulk samples" moving forward.

Everything is in place so we will go straight into stoping and trucking once each vein is isolated at both Panga and Paraguay.

We just need the market to get its collective head around the lack of JORC and reserves, as I have commented on many occasions thin vein projects do not really lend themselves to a JORC which is ultimately a bulk mining concept.

Trucking has now begun and will continue indefinitely from here with 2 sites producing from August / September onwards.

I would hope the market will shortly have enough confidence to start discounting future cashflow, given the lack of capex that MNE's business model requires, this would see us at 10c much sooner than Xmas.

EB