Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-34

There is obviously some very clever writing in this, they must have hired a very astute mining documentation consultant editor.

Per se, that may not have been such a bad tactic, had they not made a couple of recent "crucial" mistakes, those being the desperation announced to the investment world in trying to sell the LLL stake, and then the attempted 6 cent capital raising - now in the public realm, these were errors of judgement of substantial proportions, that in more professional management hands, would not have happened.

As a result of these errors, I believe it remains in the company's best interest, to remain in suspension, until the release of "substantial" good news, only such news might counter a rapid collapse down to 6 cents, so M&A may still be the best option for shareholders, if possible.

#NOTE : The report also lists $587,075 in Non-Executive Fees (NEF) for the quarter, surely that can't be right !!! Has anyone questioned this? Has anyone asked for, and reported a breakdown of these payments? It looks like the Executive Gravy Train (EGT) here rolls on unhindered !!!

Gw