Ann: Quarterly Activities Report, page-8

The Vanadium fiasco for me has reflected poorly on this board, but I have a feeling shareholders will eventually see some value return to GLV in the coming months. It's been a disappointment to loose our Vanadium deal, but the board do appear to be trying to get the company back on track and with incentives soon on the table I do think we will be rewarded if we stay for the ride.

The recent activities report stated longer than expected delays in the approvals process and I am not surprised at all. Africa is not an easy place to do business, but it can offer high returns when companies get it right so let's hope Brewer has a ripper deal to reveal to us. With a large chunk of my own money on the table I just hope we deliver in the oil and gas sector and bring back confidence to our company.