Ann: Investor Presentation - Lubuk Mandi Gold Pro, page-2

re: Ann: Investor Presentation - Lubuk Mandi ... Hi GBZERS,
I have to say I'm impressed with:
- the change in company strategy
- the obvious substance of the gold mine processing plant
- the quality of the resource
- the fact that the tails dam requires no traditional mining expenses to reprocess.
- the plant is on care and maint so will most likely restart with minimal expense (appears to be in good condition/working order).
- options look to be in the money resulting in further funds.
- Mt Morgan may provide a short term surprise.
- PPC JV still rumbling along
- Milo on the back-burner until REE's lift their game.

There are still frustrating things in the past that we should have done differently ...like not spend so much on a scoping study with deteriorating REE prices ...and divert that money into drilling somewhere - such as the Milo Metalliferous Magic Mini Mountain. BUT hey we can do that in the future now I guess.

The past is the past and they are on the right track I think. Best time to have made a gold play ...and I am sure that mill would be $150 Mill to build on today's money.

Future looks positive!

Cheers.

SJB