Rights Issue, page-9

Whether anyone takes up their entitlement or not ABU will regress to being an exploration company again with those that are running the company being paid their inflated salaries plus entities in the wings sitting on a 15% interest rate. Why anyone should be paid a performance bonus gets to me. They are hired to do a job & they get well paid for it, but there always has to be that bit of cream around the corner. DH was paid his performance bonuses & look how that turned out.This is after 10s of $millions have been spent & share holders investments have been, for the most part squandered. Yes the potential is still there, but this capital raising will only be the first of many even if they find something. I am over it, until they announce that they are sticking a bloody big mill on Buccaneers doorstep they won't get one more cent from me. I cannot believe the shear incompetence that has taken place & even with a new BOD they will have to demonstrate physically & visually to me that they have the capabilities to move ABU forward. Inflated promises & bull mean nothing. 15% on $20 million is $3 million a year. I would love to lock in 15% on my bank account. Who needs gold.