Ann: Indian Operations Update - Modified Mining P, page-26

re: Ann: Indian Operations Update - Modified ... Hi Joe,

Yes it has been a pathetic performance over the last couple of years, that is for sure.

I was talking to Cedric a few days ago now. Asked when an announcement about this benification plant was going to eventuate. His responce was it would be this quarter, so that means by the end of June, so lets wait and see if they can at least keep this deadline.

CMMC are still in the picture, apparently, but who knows what to believe.

I also asked how were they going to pay for it and was a capital raising in the wind. His responce was that they will have enough capital to fund the benfication plant and that there were no plans for a capital raising.

I have my doubts that they will be able to afford buggar all, so we will just have wait and see what information gets released before the end of June.

The hiring of this new exec in India, operations vice president, or some stupid name like that, is interesting. It may be that they are actually planning on having something to operate soon.

I`m beyond frustrated with management and this company, but by the same token after holding for this long, i would be ropeable with myself if i sold out at the low and they actually got their act together, because big gains could happen if things work out the way everyone had hoped for.
I know the risks of investing in these penny dreadfulls, everyone needs to keep on managements back untill they produce or come election time, vote them out.

TRIG, have you had enough and is that your large sell order sitting there?

I wish all holders the best with this one,

Regards The Tinhopper