rmx on friday 14th feb 2014, page-40

Hi Mak;

You again misunderstood. Though you are right of what you stated but I did not limit profit to 100% neither said we will surely get there. However, it was just simple prediction and opinion (not a premature confirmed decision) and for that we don't need BFS or SS. I would always love to see a favorable SS just to get clear indication but will not rush for Scoping study understanding its importance.

Saying that, I believe management already has few plans in place (though not documented in BFS or SS) and we all can derived these plans from previous announcements and investor presentation.

I was talking listed plans:

1. Keep achieving high trenching results.
2. Extend existing resources linking to proven Japanese tunnel resources making it more economical.
3. Drill best possible targets and get high grade assay results.
4. Get favorable scoping study completed by independent consultants by adding as much resources as possible. Making it low cost high grade producer. Get scoping study updated on further results.
5. Start small scale production with low cost and generate as much revenue as possible.
6. Looking at current surface results, we may predict that our cost would be somewhere near or lower than madusa ($600-800).
6. Lucky enough to see gold price marching through to $1600 or over.

If aforementioned will turn out to be true, then profit over 100% is on card and would be dream comes true.

Again, I would insist IF EVERYTHING WORKS OUT ACCORDING to plan I assume and This is just my OPINION not a premature decision or future confirmation.

Hope this clarifies.

Cheers
JS