Ann: Response to ASX Appendix 5B Query Letter, page-3

Ok as the price of gold increases so does charges of contract mining and toll treating sustaining profits.The only way we would have kept headway is if we kept the mill did not work out in our favour probably bad timing no one to blame the bod would have made the decision not worth while to move forward at this point in time I agree,However who is to say the new adventure may be good for us.