Outstanding Bawdwin Starter Pit PFS Results and Maiden Reserves Statement, page-53

Densamer,

That is my clear understanding as well. I have no doubt the numbers will improve on several fronts. People can still listen to the tele-conference so should do their own research.

In the meantime, 30% ROI with 50 years mine life and exciting drilling about to start on the new copper discovery could provide very substantial upside.

If anyone is smart enough to compare the resource with Hermosa they will realise a US$1 Billion market cap is more appropriate than US$70 million.