resonse to speeding ticket, page-12

Mission,

There's a lot to like (although I do feel the sp is a little heated atm).

Production - Going well, exceeding expectations a little. Reaping the margin on high poc and lower unit costs (on higher prdn).

Chile - If it comes off, then the timing has proven good, with the rise in poc since the deal greatly improving the economics of this low grade deposit.

Phuthep - Likewise must be looking more attractive with the poc outlook.

Ban Houayxai - Pog great, and silver credits looking much better.

Still the real thing we're looking for is another big copper deposit in Laos. Did I detect optimism between the lines in the speeding ticket response??

A company doing all the right things atm, but I'd rather see exploration results than sp exuberance myself.

EL