Ann: Half Yearly Report and Accounts , page-7

Thank you Andy for your post.
Upward share price movement over the past 2 days and the drying up of sell
offers seems to indicate that an announcement is close.

The fitment of the 500 ton per day Talang Santo hoist sounds promising which means that with minimal upgrade of the plant we could see the 500 ton per day
soon. This is only about 21 ton per hour or 5 cubic meters.

The new CEO will likely want to make his mark by getting production up to speed ASAP and 500 ton/day @ 12g/t would annualise at 70K ozs p/a ( the short term forecast is 40k ).

The new CEO simply has to take over mine management responsibility rather than relying on the contract miner to negotiate with Indonesian Authorities.
The Forrestry permits should have been sorted out 6 months ago.

Cheers
Moorookamick