Hi All,Was talking about this stock with a friend of mine...

Hi All,

Was talking about this stock with a friend of mine recently and the question came up around

"What is the schedule for re-opening of the mine and mill?"

Found a few clues in the half yearly financials, and we have heard in a previous post that apparently there was an article in the AFR about a cost of approximately $10 Million to get the mill going, if anyone has a copy of this can they post?

Signature Metals Limited Half Yearly Financial Report

Page 8

http://www.aspectfinancial.com.au/docserver/01047632.pdf?fileid=01047632&datedir=20100316&edt=MjAxMC0wMy0yMisxMjoyNDo1Nys0ODArNDYxMTQrYW5kcmV3d2VzdCtyZWRpcmVjdCtodHRwOi8vd3d3LmFzcGVjdGZpbmFuY2lhbC5jb20uYXUvaW1hZ2VzaWduYWwvZXJyb3JwYWdlcy9wZGZ0aW1lb3V0Lmh0bWwraHR0cDovL3d3dy5hc3BlY3RmaW5hbmNpYWwuY29tLmF1L2ltYWdlc2lnbmFsL2Vycm9ycGFnZXMvcGRmZGVsYXllZC5qc3A=

"The mining study into the viability of re-commencing mining and processing at the Konongo Gold Project based
on the known gold deposits within the project area and current spot gold prices is nearing completion.
Resources contained within each deposit are detailed in Table 3. The Companys consulting resource geologist
and engineer were on site during January to progress this work which will be submitted to the Minerals
Commission of Ghana. The study will also be used to support the Companys application for an extension to its
mining license at Konongo. It is anticipated that the results of the study will be released this quarter."

Page 9

Plant

"During the quarter the Company carried out a detailed evaluation of the current state of the 350ktpa CIL plant
which remains on site at the Konongo Gold Project. Quotes for the refurbishment of different items around the
plant were received from local engineering companies as well as from reagent suppliers and other suppliers.
These quotes are currently being assessed in detail following which a budget and schedule for the
refurbishment will be drawn up and submitted to the Board".