Ann: 4th Quarter Activity and Cashflow Report - 30 June 2015, page-55

Hi FO - thanks for that. I wasn't sure - hence the smiley wink. The thing is - I do remember when you first started posting when you were first buying into AGS. From memory you posed as a greenly I think it was, and later came clean re your motives.

But, yes, I know your holdings are transparent and that your views are always creative, and prescient. And that's terrific - if you prove to be right. I think we'd all be happy to be wrong in our disenchantment with management and their decisions; and to have to eat humble pie and be profusely apologetic to our "leaders". ...

But ... big sigh .... I fear that the reality is the directors want a sale. And I believe they've already stated all the conditions quite clearly - if not (and you could be right here) a settlement date that may not be met.

Certainly Heathgate didn't meet their JV date for the first exploration expenditure way back then; something which ultimately led to a new agreement and then years of court action. Now that would be a neat nemesis, wouldn't it?

So, as you rightly say, it's not over until we have an unequivocal contract of sale in place. I hope against hope you are right and that Q/HG/GA have to did much deeper to own every square kilometre of our once 100% owned tenements.