My notes from today.no new slides in the presentation (only...

My notes from today.

• no new slides in the presentation (only about 15 to 20 min)
• I think the target audience for the presentation was new investors
• It was not a detailed update for existing investors like ourselves
• e.g. no reference to holes 45, 45w1, 45w2 or 47.etc

ad hoc notes

• TG - "hell of a big system"
• if we reach the porphyry the CU grades should double and the gold grades could increase by 4 or 5 fold
• I think I heard this bit right - "Qld - very good drill hole and we hit the target we were drilling for. Waiting for assays" Their was a bit more to this...............but I will not share in case I heard it wrong. ( it was very positive)
• Mt Stavely is a 2nd porphyry
• SVY have two concurrent strategies at TG
• 2nd prize - defining the current CU resource, with the possibility of looking for a buyer
• 1st prize - porphyry target

NO BIG NEW NEWS today.

Their was a director of a WA exploration company at my table and after Chris's presentation, I asked for his thoughts

• He is of the opinion that a porphyry exists, the concern is the depth at 1km. It will need to be block caved mined.
• CU needs to be around 1% to be viable
• If anyone can find the porphyry, it will be Chris.
• drilling costs about $250/m

Please note, I have no idea if this guy is knowledgeable or not. He could have been playing to a audience.