facts, page-13

Chance of
Bankruptcy More
Than 78%
In The Next
Two Years ?

Morning Star Gold NL has more than 78.4 (%) percent chance of experiencing financial distress in the next 2 years of operations.

Non-Executive Director
Dr. Alexei V. Motlokhov serves as NonExecutive Director of Morning Star Gold NL since February 1, 2011. He is based in London and represents the interests of substantial shareholder Chillee Ltd which holds a tad more than 35 Million shares in Morning Star Gold common stock or around 12.3% of the issued capital. This holding was initiated via a $15M investment via placement in late 2010 and has since been added to on market. Alexei Motlokhov works in London for Latymer Management as their Finance Director. He has experience in strategic and corporate finance consulting. Prior to joining Latymer Management, Alexei worked for Oxera Consulting in various roles over a number of years. His work included provision of strategic advice on corporate restructuring, valuation of intangible assets and valuation of damages in the context of commercial litigation. Alexei also has experience in an advisory capacity on asset valuations as part of global commercial equity financing transactions.

http://www.macroaxis.com/invest/manager/MCO.AX--Alexei_Motlokhov