Ann: MoU Signed with Mali Gov & Sale of Entire Project to Ganfeng, page-108

One thing Australians do not understand is that Chinese always want to kick out Australian partners from shared projects. It’s happened before in a much smaller project I was involved with. Chinese wanted to get rid of all western partners in the company.

I would say this is a good outcome all things considered but the price we are receiving per share it’s too low. The junta was in bed with the Chinese from the very beginning. We got scammed.