Gold Micro ready to explode, page-24

I will be on there next week with 1m shares ... will be held under Philips Nominees

Looking to buy more but 1st want to get a better understanding of 3 things:

1. 2.3m tpa plant is a big plant ie double the capacity of the matilda plant. Plant has been in care and maintenace as long if not longer that the matilda plant. I would have thought that this would be in need of refurb ....perhaps to a lesser extend but being a larger plant would have expected this to be at least $15m. I am not confident that the plant is ready to turn on as portrayed in previous posts.

2. There looks to be a serious deficiency in feed stock / reserves and the grade at first glance looks too low to be economic. I would rather see a resource with a cut off at 1g pt. I guess this becomes a different situation if they can develop or get their hands on some high grade ore to blend with.

3. What are the likely returns of toll treatment to MKO. Obviously a plant of this size costs a lot to run and maintain. Say if they were to take on 1m tpa of toll work would this more than cover the cost of operation and maintenance?

Happy to be told concerns are unfounded :>)

Regards,

Barry