Ann: Letter to Shareholders, page-56

one point being overlooked is the grade, we can continue to produce our 25-30kozpa while also processing GL's ounces and have a reduced AISC on our ounces becuse the mining cost is shared and the grade is substantially higher.
However this notion I have is purely speculation and has not been confirmed as a strategy by the company.

however if this is the case, then we are adding significant life of mine / ounces / tenements without diluting the registry and without debt.... to that extent; the methodology makes sense, the pricepoint of the transaction may be a point of argument.

The failure to address our shareprice, that is what is upsetting shareholders the most, a completely unnecessary and avoidable friction. This is now spilling out to effect shareholder sentiment towards management, and a deal that would have sailed through might not go so smoothly.

I dont know what to make of Colin's post, it could be genuine, or it could be anyone faking it.. it would require the company to verify such communication i suppose.