Ann: Results of Meeting, page-11

Hi Fliddy

I have had a discussion with Management just now regarding the concerns posted on HC.

Today which should have been seen as a great day has unfortunately been overshadowed by concerns with Codelco and CEOL issues.

After discussions management have Zero concerns regarding this, you are all aware Codelco and LPI/MSB have a good relationship with Codelco infact using our camp currently. Not to mention the great relationship LPI/MSB has with the government.

It was discussed many times in the past that private and public entities could merge into a JV.

This as usual is being blown out of proportion maybe due to some underlying agendas who knows.

Now consolidation has been finalised news flow will increase over coming months and we will hear from Management regarding this concern in which I'm confident will put these concerns to bed.