npv now at $122.6 million, page-19

Hi BJ,

Myself and I'm sure others wouldn't mind knowing how the BFS is coming along, particularly the final drilling at the Gillian deposit, what is the ETA for the results?
Also if the options get to expiry, is their any chance of them being re-issued at a higher price and longer expiry date (or something of the like)?
Of course it would be particularly important to know the current progress of the JV/Merger proposition, have the independent auditors concluded their analysis?

What is the status of the mining commencement at Mount Garnet for SPM, what is happening out there?

Thanks in advance