Ann: RESPONSE TO MEDIA ARTICLE, page-37

Yeah if they do a deal with Glencore that's huge on debt, I'm out. I stuck it out with them when they went from 20c to 2c. I don't think I can go through that again, that was hard. It's always a possibility if you hit the perfect storm of high debt load and low commodity prices. We've got plenty of irons in the fire for organic growth.

I really liked the way the Cracow deal was structured. Modest upfront payment and then follow on payments if we make money. We make money, you make money.

I wouldn't mind a cash/debt/scrip combo based offer. With scrip, same thing, we make money, you make money.