Ann: NCZ GRANTED EXCLUSIVITY FOR POTENTIAL ACQUISITION OF GORO, page-20

Was looking finally forward to positive cash flows from existing zinc operations which in light of low commodity pricing is still somewhat subdued. It's taken a while to get here with all the hurdles on the way. Now on verge of some profit generation comes this potential acquisition with its own set of uncertainties and likely hurdles. Would have preferred to stick with existing operations till at least another year or so and see some profit. Living dangerously - at least that's how I view market perception with its reaction. AIMHO.