Reasons for capital raising to Fund Project Development, page-9

Hi Jogo,

Yes you're absolutely right in that it was thrown into the air by management and plucked out of it by me, but just to claify:

• Expand exploration programs aimed at building a +1m ounce minerals inventory

340k ounces at JORC, silver nobody talks about anymore, upgrades (expected) to come and the inclusion of Talisman and Bonanza Zones sites that have not been taken accounted for. I don't think 1b profit (over a significant amount of time) is entirely far off the mark.