4gm per tonne fairy tales, page-2

hcmif

I get what you are saying. so does the market.

A1 needs to validate prior JORC statements. The quarterly clearly shows that they are doing this.

The north is where the action is. The grades are slightly lower (need to be confirmed) but the volumes are much bigger.

READ THE QUARTERLY

It says taht they are focused on the north where a larger bulk priocessing facility will change the dynamics of the oepration. Our plant is mobile (modular) is operating at above nameplant capacity and most importantly is scalable.

I expect detailed costing etc re: moving and upgrading the plant to emerge well before the end of financial year. The oepration will be continuing with sole purpose - getting the cash together to effect the move north.

It will take 6 weeks to make the move/ upgrade (a down period). Ore mining will occur during this period (stiockpiling).

At the end I expect a totally different focus. One similar to Regis, but we will have no hedging (or small amout) and low debt. We will have 750kt plant processing say 3-4g/t dirt.

Forget the JW days and move on. The operation has changed and management are moving with the change. I have faith in management that they can effect change for the better.

I just wish they communicated this better!!!!!

GC