AGM, page-18

Correct Vert

AUL is now wholly focused on MS and RoD...the brown coal and all other gold projects (that were managed during the MNM days) have been relinquished/released/sold.

The "legacy of the past" is referencing MCO's legacy where that Company built a processing plant at MS but never actually poured any notable gold, went into administration owing millions, burnt numerous SH's that could very well be posters on stock forums driving negative sentiment when anything deemed positive is released by the Company.

Some people just believe that MS upper levels are picked clean...that if MCO couldn't pour gold from a brand new plant, how is current mining team going to do it with the same plant...that MS/RoD will never turn a dollar profit...that mining narrow veins is not profitable...that mining without a JORC/BFS is folly...that the old timers have left nothing behind...that they'd have to drill up 10 gT to turn a $$$...

...and so on.

This is what I believe the current management mean (if verbatim) by "legacy of the past".

Cheers K