Ann: Half Yearly Report and Accounts, page-31

Just like Spid you are failing to acknowledge Gemcorp’s US$5mil tranche 2 Names little. The sole purpose of tranche 2 was for what you’ve just quoted. I’m disappointed in your assessment of Spid. At least you’re not making up some crazy story about funds needing to be approved for use by the Tanzanian banking system. I don’t know if I got that right but I assessed it as BS from day one. I hope no one else was fooled. I find it interesting how WKT has worded the US$4mil in todays half yearly Names little. ‘Working capital/line of credit’. To me it appears the funds are there only if needed and may never be drawn upon. I still remember R08 claiming he schooled me on WKT’s ability to meet Gemcorp’s debt obligations on the entire US$25mil. We all knew that tranche 2 was a backup and buffers were built into tranche 1 as is standard. I’ve said it a few times today but I do really feel sorry for anyone that listened to anything but official WKT announcements and those that were calling out Mikes tweets as basically lies should be ashamed of themselves.