suggestion for newcomers, page-8

Perkoa.
They never had the expertise in the first place to establish a mining operation. The MD's in place during that time had no idea of how to construct and operate a minesite. The shareholders were deceived in terms of the size of the resource. Pointed out when they tried to raise funds overseas. Hence a quickly devised VTEM survey. Thats the only reason for such action. The unravalling begun. Positive and obviously misleading announcements re finance and offtakes were made all the way up until the project was mothballed.
It now sits there like a dead duck chewing up shareholder funds. They do not have the skills to develop the site and certainly will not have the funds in 3 to 4 years time to progress this project. Future - you decide.

Mumbwa.
Drilling and obtaining drilling results has been a shambles. Continued delays, excuses re assay results, continued excuses and spin. Continual reference to "Olympic Dam" potential is misleading and deceptive. Reality. They have one hole with any result of note. The rest. Read the report.
The shareholders were mislead by the MD in terms of the original deal with BHP and many including myself invested on the basis of this information.
The reality is that MF has set up one of the greatest con jobs of all time. He obtained discarded sites from BHP, attached spin issued rights, put a smokescreen board in place, and the rest is history.

Mokopane.
Did not renwew mining rights and nearly stuff the deal.

What have we got left. Well a another new MD who from what I read has experienced in logistics not mining.
A zinc project they cannot get funds or offtakes for and is mothballed. This could not be achieved when the zinc price was $2. It now chews up loot and they do not have the expertise to develop it.
Now have a series of colourful pictures from a VTEM survey which justifies the $'000's paid to for an aerial survey. Any results years away with massive investment.
Mumbwa. This is the spin factory of all time. One hole with any result and its the "Olympic DAm" all over again.
To top it all off, they whoever is left there now, are taking their own to court over performance. This by the way is being paid for by my money which I put into the company based on what I was being told by the bloke who is now being taken to court by AIM. Work that out.

Share price 21st May 1998 .027 cents. Share price 6th August 2008 - 10 years later .028 cents

Thats the track record.

What would you say at the meeting if you were on the board or employed my AIM.

If you were being really honest.