Peterot

Thank You for your interest in FMG.

I cannot emphasise to strongly that the process we are going through with this option agreement is extremely detailed. Hundreds, yes Hundreds of documents have been requested to confirm ownership, history, rights, ETC. Although the process has been a challenge for myself and others, I do see that BVN requires this documentation because when they decide to move to production, the ground data has all been provided. No surprises down the road, as it’s all up front.

We are not dealing with another Junior Resource company. This is a major mining company and the wheel does not turn on a dime, as the procedure must be followed. Trust me, I know!

As for press releases, we must now vet all press release through the BVN channels prior to releasing them, and that can take some time to agree on wording and approach.

They want on the ground as soon as this is completed.

Best

Jim