question for showman regarding shoemaker, page-4

Hi 1Baccus,

Yes I was a little confused about why the announcement before the PFS results too, if they are that close.

Anyway, yes the PFS should give us a hell of a lot more info. It should tell us whether this thing has a chance of being economic for starters, and explain what the cut off grades are and why. Possble markets etc....Also may make some assumptions of tonnages, but would need to be confirmed by follow up drilling, will have capex assumptions.

My guess is that they will make tonnage and grade assumptions from what is known to date, conduct further drilling to prove up, then into the FS.

The Capex assumptions will be interesting. I am no expert on processing this type of material, there will be others on HC better at this than me.

Regards, Tony.