I can see why people are being cautous at the moment - unloading...

I can see why people are being cautous at the moment - unloading at .09 cents.

I posted back when Errol left suddenly that it would be interesting to know if the big shareholders had
advanced knowledge of his departure, and if not, how interested these big parties will be at the
next capital raising.

It transpires that we got the Borman and Waddell loan and a SPP for all holders - when it should have
been easy to get the same modest funds from the larger holders.

I am happy Tony has fronted up and said what he has, but he is going to need to do a bit of work
on his media presentation if he keeps doing interviews - even simple advice like not wearing such a
tight jacket and maybe just a shirt - because his present tight jacket makes him look like his shoulders
are up and he is stressed, especially when he appear to be searching for simple words.

We couldn't find any previous video's of Tony online - probably because he is more about mine
management - so it will be a learning process for him and we will need to be patient with him.

The presenter in the second interview was very good and took a more investigative tone that many
of Errol's past video's which have been more about promotion than answering serious questions.

For me, IMHO, it is not hard to conclude there is a bit of damage control going on here - but that
doesn't mean that I have lost faith in the company or Tony.

As a small holder, I ask why would I buy into the SPP when it is cheaper to buy on market.

Just my two cents worth.