Ann: JULIUS GOLD DEPOSIT-HIGH GRADE NEAR SURFACE DRILL RESULTS-EAR.AX, page-6

Yes - some very reasonable drill results.

I would love to see an offer for MKO too however don't see why EAR would do this until such time as collectively EAR and MKO have decent grade reserves to start the mill and keep it running at capacity.

Something along the lines of 2.3mtpa x 2 years at min say 2g pt

I don't know the specific economics of trucking ore from Julius to the BW plant but can't image it would be worthwhile at less than 2 gpt.

I don't think there has been an engineers report on the cost of restarting the BW plant - guessing numbers but can't see this being less than $10m

If MKO can build their reserves to feed half the plant capacity - I would be OK if MKO gave EAR half the plant if EAR paid for the recommissioning.

Cheers,

Barry