Ann: Quarterly Activities Report , page-9

A unqualified drilling start date was given by AVB on 5th December as "Drilling WILL commence in January".

Now it is ..the Westerly drilling is "expected" to start in the next week. No guarantees, it may or may not. Vague. .. who cares. It is MY money invested so I care.

When AVB give me an absolute unqualified promise that something WILL happen in January then their time ends midnight on 31st January. In this case they have failed.. plain and simple. It is a broken promise. I was taught that way. If I gave my boss a promised date and did not meet it, then it was my backside that got kicked. And.. 1st Feb was not good enough. And neither were excuses. The word "late" did not exist. Yep, it's a tough world for sure. Especially in Mining.

So this little episode, along with no idea if the drillers are out of the pub yet simply does not impress me in the least. If the SP goes backwards, then the Market is a tough but FAIR umpire I reckon.

I want to be given FIRM dates and I want those firm dates MET.

I get the feeling (rightly or wrongly) that there is a definite lack of that at AVB.

I know these guys are ALL long-term mates, in which case, who is actually kicking butt around the joint? as the Yanks would say. Nobody apparently.

I am happy to oblige them. :))