Ann: 30 June 2011 Quarterly Report , page-5

More and more "ongoing studies" with not much to show

The 200,00kozpa producer status isn't even a pipe dream

How about just getting one CMGP satellite pit into production, and produce the first 10koz, through a toll treat arrangement?

How the hell are we even going to be able to afford a decline at Rover 1, or even the dewatering of Big Bell?

Early cashflow from the CMGP pits would have fit a company profile the size of AAG perfectly

Now we've got a big brother at Rover, whose cash requirements resemble that of a heroin addict

Cheers