Thanks for your input Andy. Having pre-existing mining licenses...

Thanks for your input Andy. Having pre-existing mining licenses for Juno and Nobles Nob should allow the process to move smoothly, pre Native Title, no issues there, disturbed area, but still the EIS process needs to be done. The NT govt has required another mining co along the Barkly Hwy, MAK, to put address the issue of cane toad control, evn though there are none out there at this point in time. However, as with EXM, they are completely supportive, and I'd say we'll have no holdups in the permitting side of things.

For anyone doubting that the new management are focused on development toward mining at Tennant Creek, this presentation by Tim Lagdon on BRR shows a clear commitment and explanation of the process EXM is undertaking. Very well presented by the man at the helm, and I take a renewed confidence from this that we are moving ahead.

Particularly liked this statement, "Depending on how far the resource in the updip section of Juno continues, it may well be the case that we start at Juno and feed the shallows and tails in as we go through the process."

Although we have moved away from an exploration focus at TC, clearly there is drilling to be done to close off Juno, updip and downdip. It would be great news indeed if the updip section extended far enough that the economics allowed a start on the pit at Juno. If it doesn't, there are a number of shallow deposits that most likely will be able to.

Keep drilling Juno guys, and see how big it really is. And M10 alone would be a company maker if we didn't have Juno.

Rapid timeframe to development, no mining camp necessary due to proximity of TC, small secondhand mill is all that is needed due to the highgrade nature of the ore. He mentions a figure of around $20 million for a 300-500k per annum processing plant.

You're right Andy, we can't get too far ahead of ourselves, but we can start to see the project take shape, with a choice of startup scenarios that put us in an enviable position for a smallcap transitional explorer.