Ann: Boardroom Radio Webcast, page-58

Oz I am not sure if we are drilling yet for the motherlode............that would be the ultimate prize but for now we need exploration to tell us where to put the drill bits and the motherlode is probably too far in the distance just yet. For now we are looking for more high grade veins IMO to set up more satellite mines that are financially feasible and viable................the bank balance has to get better before we think open pit and yes from memory I think open pit had issues with sand. Time to get rid of our Philippine business

Happy to accumulate at these levels and still think that narrow vein mining is kinky and financially viable. lets walk before we run