Ann: Sulphide Development Update, page-21

I have been a shareholder of this company for a few years now so I know all the disappoinments with this company and I have also witnessed the slide in the SP towards the $ 1,- (new price). I have bought shares higher than the current SP and lower. I have red quite some quotes on this platform. Some very intersting to read, others not so. For me, as I have stated in earlier remarks on this platform, this company is trying to improve its life. They put in place a 5 point framework on which to "judge" the company. I am doing so. Up to now it is my impression that they walking the road towards a rerate of the company. They at least have improved the content of its press releases. The one issued today is an example of that (and I know that things can change, especially financial, but that is a fact of live). At least I appreciate that they are trying to explain to the SH what they are doing in a timetable and they also try to inform us with the "financial burden" of their actions combined with a view of how to finance that. So I got the feeling that they are really trying to inform us better. Ofcourse I know that trust is not easily won and lost very quickly (in my country there is a saying "vertrouwen komt te voet en gaat te paard"). So there we are: I see a miner with not the most easy mine to operate, with a lot of failures in the past.I see a management trying to improve everything (including communicating with the SH) and still a lot to do.But what I also see is a company with a lot of OZ in the ground and a market cap of under the A$ 200 mln. That tells me that there are still a lot of negative feelings surrounding the renamed company and that the SP is showing that. Fine for me, with a bright future ahead for the POG and a improving miner with lots of potential (if you believe what management is telling us) the most important lesson I learned in my active working live is spooking in my head namely: it is all in the price stupid (in this case the stockprice) and thinges can change for the better.If this turnes out to be true than WMX has a bright future.And if you don' t believe the story than sell the stock and move on.