at this point..., page-8

One wonders how far a board and financiers acting together to look after their own interests AT THE EXPENSE OF ALL shareholders is bordering on criminal.... IF that is what is happening....

In my mind (wishful thinking) some of the delays can be explained by political/environmental/taxation factors as to how all operations in mining will be affected by Govt factors, election, changes in taxation, environmental focus increasing with Green's Bob Brown bobbing up to to the surface here and there.

Yaq was very optimistic months back about the ESG top up... surely, if the hour is not too late (300 conditions?), a takeover before Jan 15th is still possible.... the price offered by STO and/or others depends on resource revision, flow rates, etc... but also (though we want to not go there mentally) the environmental CONDITIONS for CSG extraction etc will need to be looked at to assess RISK too....

Maybe time is running out for the ESG top up for HGO....

However, I agree with Yaq, the Company should be More forthcoming and honest (top up?? yeah sure)....

Maybe another party (or parties) is interested.... and with the Highlands connection with Drew Simonsen and the indications made by the former chief, DA that they think HGO had found something highly valuable to the north.... I wonder what is being kept quiet in terms of results from that area... how much problems with locals, rains, topography and lack of infrastructure etc.. are holding things up...

Yes, you have to wonder about the resons for the deafening silence from management about Indo AND Kanmantoo.... and you have to wonder about what is being arranged via financiers and whether some in the board are acting in the best interests of ALL shareholders.

At this point, I feel we have to believe that HGO management will do the right thing by us, that they have an excuse being held up due to political happenings beyond their control... and IMO they couldn't make some decisions until there was/is more certainty.... However, they should be FRANK and EARNEST with us, keep us informed, not hide, noy exagerate...

I wonder how I would respond down the road if I found out some results from Indo were known, but not declared... now that would make me hopping mad.... in the meantime, we need to watch expenses, watch for lies.... and hold the board to account if we get shafted.... wouldn't you love to be privvy to what is REALLY known and spoken at board meetings, what is being negotiated with financiers....

I'm prepared to wait .... if you think about it, SOME might want us to lose confidence and give up our investment in HGO...