** quarterly just out, page-10

re: ** quarterly just out/summertime domum, what people are forgetting is that the BFS is nothing it it doesn't achieve it's main objectives:

1) Prove that the project is financially and technically viable
2) Instill sufficient confidence in a bank so they loan the capital to build the mine and plant.

By bringing on Barclays early on, it doesn't matter that the BFS has not been released yet - we know its viable because they've already announced that. Instead, Barclays are able to work along side Snowdens, and be satified that the numbers that they are coming up with are in fact realistic and up to a standard that will allow financing to happen very quickly following the BFS's release. This saves a lot of rework when the BFS is audited by Barclays - in fact it may even be the reason for the delay.

Does anyone seriously think that Barclays - one of the world¡¯s leading investment banks with a focus
on debt and risk management and a renowned mining and metals specialist with significant experience arranging the financing of base and precious metal projects - waste their time on this project if they didn't think it was a goer?

We just have to be patient cause this thing will fly very soon.