Ann: Update on Gold Production from Agate Creek Gold Project, page-14

What a lacking report. I expect better from this company. My advice spend less time celebrating with mates in the city of Brisbane and report something of substance and all of the facts please.

My bitch here is that in 23 April 62,6kg - 2208 ounces.

Then end of April report only 2220 ounces (23kg) from 5012 T.

Now on 20 May almost a month passed and 13000T ore processed. What is the upgrade of gold surely it increased from 2220 ounces after processed an extra 8000T of ore????????

Seriously I expect to be updated under continuous disclosure rules. Or have I miss read this report. Or has the gold dropped off that poorly now have to drill to find more. Hence director selling.

The smart ones here are Maroon. Easy cash injection from this lot who negotiated a very good deal for Maroon. Our office based city investors should have negotiated better terms in my opinion. I know people in the processing plant business and they agree with me. As one said to me recently easy money for Maroon.

Now waste money on a small coking field. I get coking is important when iron ore prices soaring. But this company has only just got out of the red with their poor balance sheet. I expect a very healthy balance sheet of multiple millions before the company extends another chapter of doing what exactly while they keep earning.

I do have major concerns from this life style company too many years of under delivering, burning cash etc, now talking up other projects. Focus on the now. Not impressed by today’s announcement.