Ann: Key Management and Board Changes, page-31

Agree Holdonman. If the board were wanting the market to trust them, then a simply, blunt and perhaps unimpressive operations update should have come with today's announcement.

If they are simply waiting a couple of days to say, ok, Darren has basically not been up to the job, in the interests of protecting his 'reputation', then I will likely sell on the same day, as if the board have taken so long to realise that Darren is not up for the job, then they themselves are proving to me they are not up to the job either. Lots of good gold stocks on the ASX, perhaps not as undervalued as ABU, but def better managed.

I have sold 20% of my holdings today, just to reduce my risk a little.

On the positive, if Brett (the new guy wants the job long term), he will have to put out something soon operations wise.

Also have to change my sentiment, until the company can prove to be on the ball.