Ann: Excellent Gold Recoveries from Initial Metallurgial Testwork, page-7

Thanks Eshmun. Nice bit of buying yesterday. It was going dirt cheap in the high 6s.

Following on from estate's second question, how long does a feaso usually take? Probably slightly dependant on the scale of the project. Is the the study MGV is about to commence a PFS? So then we would move onto a DFS after this I assume. Or are all feaso's not necessarily done in this manner? I'm not sure the terms prelim or definitive have been used along the way, just 'studies' or 'development studies.'

And once complete, assuming an option is available to roll treat, how long (roughly) would it take us to commence works? We obviously need an agreement with a mill, and I assume we need to apply for mining permits etc which would all take time. I haven't been involved in a company through any feaso studies and or path to production hence the questions.