Ann: Trading Halt, page-18

It appears that we have a resource with 10mt+...a given!... although we dont know the categories.Every 0.1 increase in grade over 1.0 improves the project economics in big way...it leads to lower costs,quicker payback and increase in profits...leads to debt funding if we want and hence less dilution....bearing in mind we as shareholders only ever get the cream off the top...marginal is not good enough to propel the SP.So what would be good is to see the average grade at 1.2%plus....even better... there are plenty of high grade intersections of over 2%...if the report mentioned that they had 3-4mt at 1.5% easily accessible,it would open the opportunity up of an earlier payback and profits while drilling out the resource that is open in all directions at KV.