conversion at 15c, page-12

I know it's been said a number of times on HC, but BJ is a champion.

Isn't it great and reassuring that the CEO's interests are aligned with ours..to the point where he is tipping in his own money personally (and early) in order to advance the company.

A first rate effort Brian and the announcements this week have been truly outstanding.

(1) So, the ASX for whatever reason hasn't been appreciating EVG. Great move BJ...expose our exciting opportunity to those who will...the Canadians. From the little I know of the Cannuks, they have a much greater appreciation of mining both at a corporate and retail level.

Truly, if BJ really gets the brokers and instos interested this thing will take off.

(2) The presentation which was also releaed is a carefuly crafted document full of all the nuts and bolts one needs in order to make an informed decision. I particularly liked the way it moved through the future revenue "what ifs" but with a degree of conservatism. God forbid, what will we all do if Ag and Au hit the dizzying figures some experts are touting! And yet, we have great scalability in the event of prices falling. Not many Aussie goldies have this because their costs are too high.

(3) And what about the cap raising at a premium? When was the last time that has happeend post GFC???

Conclusion: Apart from the extremely solid project fundamentals we knew about, we have also added:

(a) greater opportunity via Novus (and I reckon there will be more JV's in the wings given the money-making fire-power of the Albion process technology)

(b) cash to really move things along at a faster clip

(c) management has again proven themselves adept at financial management, funds procurement and project construction.

and (d) is the most exciting.....

Another 30 million mining savvy individuals and corporations (with spending power) who appreciate our potential and will be clamouring for some action!

Yep, I'm grabbing a special red for tonight...I'm going to call it the BJ early celebration drink and I'll raise a glass to Brain...and then drink it for him! (I'm like that :)...but if he was here, I'd give him the bottle and the case!)

This is a great story...and a rare one. I'm sure we've all been put to the shaft by other company directors pursuing selfish interests.Great to pull one back!