Ann: Quarterly Cashflow Report, page-15

It's absolutely stunning to see where this company has ended up. CN couldn't have made a worse go of it if he had tried.

Messed up a CR at discount prices to get funds to explore on the other side of the world when the US AUD exchange rate was in the pits. Publicly derided the companies existing assets in order to justify his ridiculous agenda.

Now the company is left with virtually no money when it needs it most and no ability to raise without a equity destroying discount.

If CN had any honor he would resign allowing the company to use his salary to keep the lights on. But this time at Platina will (should) end his career as a mining MD/CEO so he will probably be doing his best to get as much money out of this while he still can.

It's important we remember that Brian Moller has allowed this all to occur. He let Mosig get bullied out, he appointed CN and he allowed his entire exec team (except 1) to continue to run the company despite not having a single penny invested in the company.

The blame sits firmly at his feet IMO.

Cheers,

DMac