agm, page-8

This was in the Chairman's address:

"We believe these falls were caused in the main, by uncertainties relating to our association with the Andash goldcopper project in Kyrgyzstan. These uncertainties would relate essentially to the nature our ongoing association with Andash not forgetting capital requirements for any future development of the project. Simon will provide you with more information on these matters in his address to you. "

Nothing else in the presentation, someone who was physically there might let us know what Simon said?