Ann: De Grey elects to proceed to 100% of Pilbara Gold Project, page-31

Firmly disagree there.

They are creating value, and we have seen that demonstrated in the finalisation of the deal that's just been announced. I can't believe the sellers were willing to take $3m in shares in 18 months' time. That's insane. If the Wits 2.0 story builds back up and DEG continues to make discoveries, they will have potentially cost themselves a heap of money. If those things don't eventuate, then they won't be able to do much with the $3m.

That's a great deal for current shareholders in not having to face more dilution at such a low price, and I think that needs to be taken into consideration.

And these deals well done well is exactly what creates shareholder value, and that will absolutely drive the share price higher. If the business is spinning off FCF in a two years' time, it will definitely justify a higher share price than it currently has. It will only achieve that by getting on and getting the job done.

Drill up the resource, get things on track, then worry about marketing and comms later, once you have the important in hand. The day to day, week to week and even month to month movements in the share price aren't what management should be concerned about.

Making money is. Over the long term, that's what will drive the share price.