Ann: Mining Right Granted at Witwatersrand Basin Project, page-203

I’m glad I’ve captured your imagination.

I don’t know why you’re so grumpy with me. All I’ve done is use the company’s figures and the current gold price to calculate expected value. No one has been able to dispute my calculations other than by saying the company’s own figures are wrong.

Let me be completely clear. If or when the company finds a way to increase its production target beyond 60k oz pa then I will agree with everyone here that the upside should be higher than my figures. My only point is that the market is never going to give you credit for increased production based on hopes and dreams.

I even like WWI. This is me writing about a stock that I like. Imagine if I thought WWI was a bad play.

You don’t have to like me, but at least now other people reading this forum will be able to see some actual analysis rather than hopes and dreams.