needs to hold the line, page-6

Hi MrG,
The new CEO starts work next Monday so we should get an operations update soon.
The last presentation said that the plant could be upgrades from 140,000tpa
to 200,000 tpa for $2 mil which sounds very reasonable.

At 12g/t grade:-
- 140K tpa throughput is 54,000 Ozs p/a
- 200K tpa throughput is 77,000 Ozs p/a
(all excluding silver)

Take 85% of 77K Ozs (KRM's share), that is over 65K Ozs p/a.

All we need now is to hit the 25g/t soon and we should have serious cash
in the till. The Dec start-up grade will likely to be low, IMO, and it will likely take a few months to get into the really valueable stuff.

Cheers to all long term holders
Moorookamick