PASS Contracts, page-55

Hi Nanu. I said that about NAGs background to compliment what you were saying. You were doing a good job with the current.

I agree with you about the contrast in Gold & PASS Scenarios and the control NAGs has in developing those is very different. The PASS will set it's own Timeline whereas we set the Timeline with Gold.

NAGs biggest restriction is our Size & Limited finance imo. We don't have 10 or 20 drills operating like Fosterville or bigger Co's. If it takes 10 drill holes to hit good grades that is very good by Industry Standards but could take another 6 months for us to get to 10, with only 1 Drill operating.

Still if we get there it's part of our advantage - the share price is only cost 7c. That's the great attraction imo but it also means patience is required. Not something we in the West are big on - including myself. But it could deliver huge benefits.