agm next thursday in perth

Those shareholders not happy with the current shareprice, whilst this Board has seamingly squanded shareholder value over recent years should be at the AGM next week, voice your disgust and call for the resignation of this Board.

Over 4 years ago shareholders entrusted $65-70 million in funding at 50 cents p/s, some bought on market at 60 and 70 cents per share and now see a s/p of 12 cents with the vast majority of that huge funding eaten away and almost depleated.

With Extract Resources [next door to us in Namibia and also a non-producer explorer] over the same period going from 40 cents to $11.00 p/s , presently enjoying a $8.00 s/p whilst this good old yellow dog has gone from 60-70 cents, burnt $60 million and devastated s/h capital down to 12cents per share.

If there is some good reason why this under-performing Company Board should not be asked to "move on" then please enlighten myself and a large number of my fellow long term shareholders.