Ann: Progress Report, page-50

I love the enthusiasm but one has to be realistic.
Still carrying plenty of debt.

I see 50 cents rises in the SP over the next year.

At some stage they will announce commercial production
at the sulphide plant.....that has to be worth 50 cents.

At some stage production will be over 50k a quartet
That has to be worth 50 cents.

By the end of next year a chuck will be paid off debt
That will be worth another 50 cents.

If in that time gold heads over $1300 again
That will be worth 50 cents.

So I am looking at over $4
By the end of next year.
That will be a nice start.

Cheers