agm 30 nov, page-19

Hi Kalaa
Sorry for the delay - I've been busy.
1. Vince said that he regarded the surface drilling results as being potentially significant and he said something like the importance of these results has not been fully appreciated.
2. I though that the general tone of the meeting was a little defensive. I felt that the directors were anticipating some negative comments due to the lack of progress on Mile 72. The initial few minutes of Sol's address was about the importance of Mr Clemens to the company. Sol said that he was a colleague of 20 years and that he was the "heart and soul" of the Namibian operations. Vince also said that Mr Clemens had formed good relationships with politicians in Namibia who were pro-development.