Ann: Acquisition of Ohio Creek Prospect - Guyana, Amended, page-21

Ken Nilsson: I believe that Troy shareholders should be very excited about the exploration potential at Karouni.

I agree with him. There was a hell of a lot of excitement about Karouni's potential when Azimuth was drilling it. Much of that excitement has vapourised over the last few years, but not because of any reduction in the underlying exploration potential. Rather it's been other factors such as Troy's liquidity issues, the pit wall collapse and the falling gold price. Many of these factors have now been resolved through good management.

The potential is still there and it is large imho.