Ann: SALE OF BEATONS CREEK TENEMENTS, page-4

Just a few questions:
1) latest release has no mention at the signalling of refractory ore in the Dec14 update. Is that good or bad?
2) in the latest release, the reasons given for the Golden Eagle decrease seemed long-winded. Can anyone just summarise in plain english?
3) Overall this seems pretty neutral - everyone knew bad news was coming, and better to have $4m from Novo straight away, frankly. Key thing will be the Mar15 mining update. If they've managed to produce some positive operating cashflow, that's a sign of life.
4) Hopefully there's a bit of kitchen-sinking here, and the great escape can start when the main shareholder has upped their stake.