Ann: AMEC Convention Presentation, page-6

Thanks Silver. I had seen that article which is dated 2002, and as far as I know that mine is now in Korean hands as Ivanhoe went off to bigger things in Myanmar and Mongolia. SAU's exploration manager was on that discovery crew I think, so that's where our main expertise comes from. Unfortunately nothing I've seen or read about the Australian crew gives me the same confidence. As an aside, one of Simon's recent presentations highlighted the expertise of only two of the five people on the Board. It would be nice to now what the other three contribute.