37.5 cts, is it serious doctor?, page-29

While I am a little out of the loop I continue to stay in touch, particularly with the world macro situation.

I continue to sense we are still in the consolidation and rebalance part of our journey. Many of the apparent odd things happening will be found out post hoc via announcements.

If I were the board and in need of dollars, we still have the 5.5% stake that can be sold on market and effectively be a cap raise that will never appear on LT/BOD resume.

Personally, I would still like to see us consolidate Leonora through purchasing of smaller mines or licenses while we have cash in the bank.

Speaking of cash, in the hope or BOD want to go it alone at this point and use the cash position to defend any possible TO of us and resist any merger of equals unless the terms are truly exotic.

I have previously stated I am in love with the share and hold both investment and trading positions. I continue to build both and not complain about a value on any specific day. It is like comparing weather to climate...there is a huge difference.

Just to tease, below is the image of where I am writing this post. I am sure there are some out there who might recognize the location. I can genuinely recommend the Seven Seas Grandeur for a trip.