Ann: Maiden Inferred JORC Resource for Rose Of Denmark Mine, page-72

To the couple of you who posed Qs to me:

I calculated A$750/oz refined at Norton and A$1000/oz AISC for MStar.

I think gold this year might average US$1500/oz and $2,200 Aussie over next 12 months.

None of these internal values could be ASX released (JORC).

One day I might post the detail spreadsheet of capex opex and revenue to rapidly grow MNM into the EVN NST MetX scale based on Norton and its field (QLD) MCO and its enhanced field incl A1 (Vic) and Bellevue (WA). We would have had all 3 producing now and WOULD be as valuable as those 3. Within 5 years a $4Bn MC with $100mill per year cashflow.

Hand picked Mine Managers (TdVs) all employed.

And technically deliverable

That’s Board vision, that’s MD delivery.