22/04/2016 JRV Shareholder Letter, page-9

It seems to me BOTH of them are playing games. Karn has not demonstrated ANY confidence in his claims of off-take, and is simply spruiking like Pursell. It is up to Karn to prove things. The easiest way to do it is to show some facts, not by writing chapters of angry prose because he is consistently being frustrated by Pursell!

He should stop talking, stop wasting his time (and that of the people that have to read through all that crap) and act. Deliver/disclose a signed off-take letter and Pursell will have to acknowledge it.

Smoke and mirrors… Pursell is 84, he is well off, he doesn’t need the money. But he has a DUTY to NOT let the company fall into the control of some ranting frustrated self-interested spruiker.

Karn, answer this, how much money do you want for this to happen????????????????? Tell the whole story.