Ann: Extension to SPP CLosing Date, page-80

According to last week's update, there are 7 RC holes from the phase 2 campaign that were completed but the assay results were not back from the lab. So if they are left trying to flog the shortfall from the spp to institutions and sophisticated investors the company might get those results out as soon as they become available.

Also in last week's update they said they have already started the phase 3 RC drilling campaign - which is for 39 holes. In that update they said that when the diamond drill rig arrives in Guyana it will be used to drill an unspecified number of holes as part of the phase 3 campaign.

In an earlier update they stated that phase 3 would consist of a total of 50 holes and would likely be completed by the end of March. That might suggest that they intend to drill 11 diamond drill holes in phase 3 and that perhaps by the middle of next month they should be putting out results from the phase 3 campaign.