Ann: GenusPlus Contracts Update, page-16

Correction to my last post - they are looking at a more modest 1.78x current revenue which i think would be quite achievable based on current trends. I should also mention that a thorough read of the original prospectus revealed only two items needing consideration - 1. the outstanding results of the investigation into the cause of the subcontractors fatal helicopter crash at Carapateena and any findings which involve GNP. 2. the original NTA is lowered by the IPO shares due to the proceeds being credited to sources external to the company ie the owner gets the money personally and not the company and they have made that very clear within the prospectus. Neither should be considered to be overly detrimental in my view - 1. any damage, claims etc would be covered by insurance 2. The prospectus explains that although the funds will not benefit the company directly there are many other indirect benefits which GNP will derive over time ( liquidity, increased public image, higher exposure to gain employees etc). I am in on current SP price.