Ann: Comment on Media Article, page-2

That's right, the one million ounce deposit number is based off a research report from September 2016 I.e one year ago. The scale of the deposit has been significantly upgraded since then IMO based on all the infill and exploration drill results.

Looks like only a 5% discount to 0.74c closing price. Last raise was a 10% discount (for 12.4mill), that tells you something?

Although not see CR's as negative due to dilution factor, cash is a necessity to advance the project and $16mill in the bank will keep them drilling for well past the maiden JORC resource release in December.

I'll be taking up my allocation at .70c, an easy decision.