Ann: Quarterly Activities and Cashflow Reports, page-61

I continue to patiently wait for CAY to hit its milestones in derisking the project and I think they can get there.

Why do retailer holders get nervous about the prospect of a CR? With cash balance getting low, the board would be derelict to run out of fuel when it’s so close the pointy end. Retail holders have forever been the valuable source of capital early in an explorer companies development but are quickly forgotten when approaching the prospect of institutional money.

I really hope for all of our sakes, that PG and the board can deliver this time and not treat retail holders as cannon fodder to be diluted. Perhaps a deal has already been done to raise capital via equity at 20c or higher? If so, it will be applauded and retail and institutional (or chinese) will all mutually benefit.

Good luck to all holders.