Ann: Gold Continues at Break of Day-MGV.AX, page-26

Thanks Nolly. My bad!

So IGO are making about $1100 per oz, with a 2gm / ton resource. MGV have a reasonable 'reserve' (including inferred) at 2gm / ton. They just need to convert into resource.

Even the proven resources suggest a mined value of about $50m, plus the copper and silver. Add in the potential conversion from inferred to resource and the down dip expansion and the potential value should be north of $50m.

We will see when the nest set of drill analysis is released in a few weeks time. Well at least some confirmation - I know the road to travel will be long and bumpy!

We need to clear out the short term Patts holders first