sp , page-14

UM
Thank you for your response. Three things I would like to say.

1. Results on the pilot plant, separation of the three metals and the results of the PFS is we are told to be published by end June. That is now ony 7 weeks away. Not long time to wait at all imo. This is a make or break event imo.

2. I have noticed over many years that virtually every economist's forecast or a cpmpanies BFS has the AUD pegged at it's long term trading range of US85-88c. Whilst it can be a bit disconcerting for some to fathom this out it is really quite simple. These economists and analysts guys are smart enough to know that all things revert to their long term average, over time. After all with current reserves tipped to last 17 years and mining unlikely for two to three years, the long term mean is probably a sensible way to approach the subject. With your finance background I thought you of all people would be aware of that???

3. The Chinese parable that every journey of a 1,000km begins with the first step may apply to you as well. I reckon in 100 trading days you can be out. 50,000 shares a day @8c wont be too much for the market to absorb. We got through the Opus Prim fiasco and so we will if you wish to sell.

I wish you and all holders good luck
W2