Ann: Carlow Castle Update and Proposed Capital Raise, page-93

I didn't say Paterson ground was the only reason to buy. AC was quite adamant with the spiel on the road to 1moz at Carlow Castle. It seems like an amateur error from the guy who wrote the authoritative guide to discovering the next Havieron.

Nor am I going to down-ramp something I no longer hold. But I bought in at low 3s before the markets went crazy. ARV was successfully marketed to UK instos on the back of Havieron nearology but it gets to a point where the market cap and valuation is too detached from reality.

My only point here is for shareholders to not let the company re-brand as solely about Patto. When you factor in all the permitting, the plant is an extremely valuable asset and to be weary of possible asset retrenching/stripping (East Coast Minerals and many more examples come to mind).