Ann: Mt Bevan drilling approval received, page-20

I've just done some research and I have found producing income stream for the company in base metals, that should fit in with the companies objectives and also with in the budget of what we can afford.

This project is based mainly in iron, copper, lead and aluminium but can include others depending on supply to market.

Here how it will works. Local govt all over Aust, have clean ups available for rate payers who place kerbside all their base metals for recycling. Lcy has share holders all over Aust who could scrounge the streets and collect the material and then sell to recyclers. The money raised would then be sent to lcy office to pay for wages and admin cost with any money left over to be used to develop bevan.

This would tie in well with being positive producing asset in the area we are looking for. It will also be in the budget of any LOC, seeing shareholders will do all the work and pay their own cost in collecting metal. We also will not be further diluted and will lower the stress level of the company employees from shareholders interrupting their day, asking where is the shareholders wealth promised.

I'm hoping to present this opportunity to the board next time they are here in Aust. This is one project I believe we could get up and running in no time, if we can get Sharon to support and back this with me.

All in my opinion only