The presentation reiterates what has already been announced...

The presentation reiterates what has already been announced except for:
-The emphasis on potential bonanza
-The possibility to upgrade plant to 200K ton P/a throughput for $2mil.

The upgrade to 200K ton P/A is interesting because assuming that
the average grade is 12 g/t, this would mean 2.4 million grams P/a
or 77000 ozs per year.

This is nearly twice the forecast rate of 40K ozs P/A.

The current POG is $1366 AUD /oz which would leave a healthy $800 AUD
oz profit or potentially $61.6 mil P/A.

With a P/E of say 10 & 336 mil shares, this could yeild a shareprice of $1.80.

Production over the next few months will certainly be interesting

Cheers
Moorookamick