Ann: Lorena Gold Project Update, page-5

Here's some calcs from others done previously based on shares on offer and shares to be released in the next 24 months:

Griffith:
"I feel sorry for those who participated in the SPP as the huge share dilution that will occur with the loan draw downs and conversion of the Convertible Notes to shares and the low gold production rate of 30 to 35,000 ounces in 18 months with high management and leasing fess to OPS and high repayments and interest charges to the finance company, there will be very little left for shareholder value. That is assuming they actually get mining.

Financier is not worried, they get $300,000 if the whole deal goes pear shaped before draw down or they get ownership of the assets if it goes pear shaped at start up or at any time during the processing. Not sure how they have worked that one out with OPS.

So if all goes pear shaped, zero funds for shareholders, if all goes well share price maybe in the order of 0.005 to 0.01 in Feb 2018. Think there are many more better opportunities out there. Solid reliable banks shares for example."