Ann: AGM Presentation corrected, page-41

The thing I find most disappointing about AZS is the lack of a strategic vision and path to a revenue generating business. Or maybe they have a vision but do not share it? And in this respect, I share the concern of many that Tony is not the right person to lead the company. Cut his salary and move him into the role of exploration manager with a fixed budget to find the next company maker. But get someone else to transition AZS from penny explorer to mid-tier miner.

AZS has some genuine prospects which is why we are all here. So how to leverage those assets and generate revenue?

First, lets get some clear indications as to the timeline and potential revenue from Oposura. Tony has now stated its a 1-2 year mine life. So when does the revenue start hitting the bottom line and we lose the share price destroying constant threat of pumping and CR's?

Then it seems obvious to look at MDP as the next target for revenue. I only hope this has gone quiet as they are in negotiations with Grupo for the adjacent land which might add 30-40% to the MDP resource. Then simply scrape the silver off the top of the hill as there is no overburden and heap leach on-site or truck to be processed nearby.

Then finally tackle LB for the gold which should by then have doubled in size. Meanwhile Tony may have well achieved what he is good at and discovered a company maker find from one of those many high grade hits lurking in the vicinity of Alacran!

That's a strategy! And if not that, then tell us what it is! We will continue to be mired in the teens until the market sees a path forward.