Ann: $25M Placement To Fast Track Expansion Plans-BLK.AX, page-45

Hi jignesh,

So MOY is going to have $600m MC by October, on production of 85-90k/oz p.a and AISC of $1200 per oz, 1m oz resource and an increase above their current 150k/oz reserves.....

Compared to BLK target production of 100-130k/oz p.a starting in 2 weeks, AISC $1120 or lower, moving to 230k/oz production p.a in 6+ months, 1 m/oz reserves and extended LOM 7-10 years at 230k/oz p.a?...

I'll give you there is slightly more risk for BLK but a hell of a lot more chance for BLK to double from here than MOY...

I would hope your right that MOY is $600m MC by Oct is because if BLK valued comparably it will not double form here, but probably quadruple from here comparably!