Ann: Mindax Share Purchase Plan and Bonus Issue , page-17

re: Ann: Mindax Share Purchase Plan and Bonus... I have been invested in MDX for some time so obviously am familiar with the heritage indegenous heritage issues. I am referring to the following from the 15 Dec release:

"If the Plan does not receive applications for the total sum of $3.5 million then depending on the degree of the shortfall (if any), the Directors of Mindax intend to scale back the acceleration of the exploration program at Mt Forrest and the exploration expenditure to be applied at Yilgarn Avon."