scoping study, page-17

Thanks for that Bitzer. Even with point 3 we tick the box, we do have proven reserves in the ground, all of which are still open along strike and at depth.

Could we really ask for more?

re management, our CEO is the financial wizz kid, and granted he does have a few fingers in pies (most recently last week becoming Chairman of embattled VECtor Resources). If he was a dud, he wouldn't be in demand. Yes, a lot of the companies are inter-related, but in this game it is who you know, not what you know.

And he has been smart enough to know what he doesn't know and by realising the potential of EXM, smart enough to bring expertise to the board. Hardly reeks of bad management.

Also be aware that there appears to be a campaign by some associated with a certain securities & corporate adviser over here on the Indian Ocean side of the country who don't agree with what is happening with other companies our CEO is involved with.

One or two of the posters I believe have ventured onto our thread and cast aspersions in the past. Sometimes with a lot more vitriol than was called for, and ALWAYS unsubstantiated.

So please always remember, we all have agendas, and approach everything with a little cynicism, but always with good humour! As long as you get out of bed in the morning, or can afford the funeral if you didn't, things will be OK!

EXM has proven resources, EXM has expertise on the board, EXM has undeveloped potential, EXM has a future better than most junior explorers. There is just a little politics involved, and why wouldn't there be, with a resource the size of ours!!!