Ann: Scoping Study for Process Plant at Reefton, page-14

I appreciate your imput, I am not qualified to do the numbers, on what SNG currently have, or may have in the future. Like yourself I will re-evaluate things as they play out. The fact that firstly Brian Rodan, continues to put his own money into SNG, when he owns a shitload of seed capital shares, gives me a good deal of confidence, and the fact he was able to raise 4mill @35 cents, adds to that confidence, including himself and all management, have participated in the raising. Yesterday the trading in SNG, was predominantly, buyer’s taking the shares off the sellers, including a 200k buy @ 39 cents, I know that’s only $78k, but even in today’s world, I doubt you would throw 78k, at something, unless you had done some homework. Interesting times ahead, as always DYOR.