Ann: ABM Secures Coyote Plant for Treatment of Old Pirate Ore, page-10

Pretty much on the mark there Griff666.

From EIS supplement (NTEPA) :

"Should a toll treatment or alternative treatment option become available to ABM the Company will
seek additional consultation and approvals with the traditional owners, via the Central Land Council,
and the relevant government departments.
If a scenario arose where the Coyote Gold Mine treatment plant was available and was deemed a
more viable option, the Company will look to initially upgrade the existing Twin Bonanza access road
(to limit new road disturbance) and apply for relevant permits for the use of the public Tanami Road
for haulage. At a processing rate of 150,000 tonnes per annum approximately 7 truckloads of ore per
day will be required. If this was considered a long term option and it made economic sense to install
a more direct private haul road linking Twin Bonanza with Coyote Gold Mine then separate
approvals along with the relevant consultation, environmental surveys (including flora / fauna
surveys) will be undertaken. Under this scenario it is likely the Company will only undertake day time
haulage. Night time and twilight haulage will not be used for reasons of safety, and to avoid risk to
native fauna."

This option has always been on the cards I'd say. Probably cheaper to lease Coyote and truck ore than upgrade the existing plant.

Also the option of running both plants concurrently in the longer term I'd say.

If the transport logistics pan out, I'd say there is a fair chance we will be looking at getting a start on the Buccaneer and satellite deposits in the next couple of years.

From todays announcement, I would infer that we will be starting drilling around Buccaneer once the current program is completed. (page 3, smallprint under the list items).

Also from todays announcement, page 2, the recommissioning of Coyote is anticipated to be approximately 3 months away. Given that ABU plan on using approx 10,000 tonnes of ore for the commissioning, I'd guess commercial mining must be planned within the next three months

All within the overall plan Darren announced months ago.