Ann: Response to ASX Query Letter, page-136

And you point is? Maybe they've used Dr Pos' precious metals refinery.

The company has guessed as to how much it will cost to extract the Gold from the ore. They have stated in an ASX release that it is commercially viable.

How many times do I have to post this....

EXCEPTIONAL METALLURGICAL RESULTS DELIVERED AT TRÊS ESTADOS

Highlights:
• Results received from extraction tests at Três Estados indicate that exceptional levels of precious metals can be recovered by relatively simple refining techniques

• Results are from hydrometallurgical extraction test work undertaken on a 5kg bulk surface sample at e-Recicla Ltda precious metals refinery

• Importantly, both processes used in the test work can be simply adapted for commercial extraction