Ann: Quarterly Activities Report & Appendix 5B - December 2016, page-9

When I lose faith - I keep referring to the following statement from....

Chairman’s Address to 2016 Annual General Meeting

"Shareholders have been very patient – the South African assets were acquired in July 2008 and approximately $208M has been raised and invested in those assets. Your board believes your patience will shortly be rewarded with the development of, and then commencement of operations at, the largest mine in South Africa in the last 25 years. On behalf of the board and management, I thank you for your ongoing support. Our focus is to ensure you have a sustainable investment with equally sustainable long term returns."

Can only hope!!!!