fundamentals, page-5

Hi Simon

Just a little clarification...TP didn't say 75% Net Smelter Return but suggested I google for typical values and the range of 70-80% would be evident. Don't want to quote TP out of place even though I still believe your figures are on the mark.

The 30,000 tonne annual mine is the two mentioned in the Hong Kong presentation...I'm wondering whether DSO might be in addition to the ore mined for concentrate?

cheers