i attended the agm, page-19

Inhindsight

Thanks for the post on the AGM. I read the notes yesterday and it confirmed my analysis that Hugh did not understand the Chili operations/or the IBR assets and made too many forward assumptions. I was surprised however that the SPP raised close to 10million (is my understanding) and would have thought this would have been enough to get them progressing.

In my mind now it all comes down to Filipina Grande and its future production potential. Not worth selling at this point now that they have raised this money. It still all comes down to grade, and we should see improvements (hopefully) in the next two quart accounts.

Thanks once again.