qi 2010 agm, page-6

Hi Ed

OZL...30/5/11.. 10:1 Cons to $13.65....18/11/11 now $11.00. Hardly a significant reaction to gold price rises.

I still believe that the main factor of SP movements of gold producers is the reporting of their own activites.

That is why we see "Market Sensitive" symbols against company announcements.

when the gold price rises $20-$30 overnight, why dont we see a "market sensitive" symbol against that data ??.

FML will prove me correct when one announcement will have a bigger and better market reaction than gold price rises.

Therefore there is no point in banging the door of FML and asking why their SP is not moving with gold price.