Ann: Resignation of Chief Financial Officer and Company Secretary, page-15

Great point, very much appreciated. Although once again I think you are putting toomuch blame on Ken. The mine did not deliver, but only after the slippage which is not to blame on Ken. His approach of a stable 70k operation would have been viable for a financially sound company. Troy is in emergency mode now and can be saved by at least one and preferrably two of the options muddle through, 26% cr or Casposo money upfront. The company cannot afford a different management right now. Maybe they need a discoverer and a geologist and a new ceo over time. The RIM approach will nearly cetainly mean 100% dilution.

Also without JJ I doubt we would have Gerry onboard.

Over the next years Troy will need completely new management anyway due the age of Ken and John. Would be nice if that transition happens within a stable development.

Also I do not share your view that Casposo was a bad mine per se. Excellent work by Ken. But they did not know when to stop.

No question Karouni will turn out to be a mio ounce plus deposit, probably multi-mio. The jungle is hard environment and they should not explore in rain season. I suggest reading Lost City of Z to get an idea of the problems faced in suchan environment.