audio presentation, page-7

Brenden

I don't call a couple of throw away lines on the project sufficent for the cost and effort associated with the takeover. The evaluation and development plan for these projects is anyones guess. They certaintly are not included in their production from now out till 2011.

On the takeover they specified that the great benefit of Hera was using Endeavour to process the ore. Now they are talking about using Mineral Hill. No clear direction.

The presentation is fine but every man and his dog knows about the 2 projects under development.

I wonder how - with gold companies flying - a positive announcement on Hera, how CBH would react?