Expert Valuation for EGM, page-29

Given the bonanza two years we are heading into I don't expect any of those will expire.

Steve has got about a third of them and given what he and his team have achieved in the last two years I hope they are awarded.

Mining of the current reserves is all done this CY with the processing plant extracting the last of the dregs next year.

There are certainly plenty of potential resources so hopefully Steve and the team will be able to prove up new reserves in time for mining to continue in 2019.

If that happens and we trade on a multiple of earnings instead of half the present value of the next two years cash flow the bonanza could be of mammoth proportions.