Ann: Change of Company Phone Number, page-9

Yes maybe 3:1 will be too high a value given to EAR... when we see the value MKO has with proven resources be it small but having the large 2.3mtpa Plant and camp = 80mill+ replacement value ..... 1:1 might well be a fairer price ...yet I'm sure EAR holders would expect more >>

...bit of horse or cart ....which is more valuable to the overall operation etc..

If EAR does have the large Minable Gold resource the Merged group will be worth mutiables of the total value of both parties ...say 43mill should well be worth closer to 100mill on a proven 1moz resource....then after some great Qtr reports 200mill+