Ann: Jaurdi Gold Project June Quarter Production Update, page-12

I understand the weather is out of managements control as a mining company the management is second to none , the two main issues i have are as follows, the pr side is a total disaster and to me if the management keep shareholders in the dark thats obfuscation which is unacceptable and ultimately only hurts shareholders, secondly the whole debacle re directors private holdings that they are trying to introduce into Beacons holdings , its the way it has been done , i never had a problem with Mcgarry and co profiting from their own assets but it appears it is at an unfavorable cost to shareholders glta , and Mcgarry has had 12 years to figure it out not a good look