Ann: Amani Hard Rock Gold Project Update, page-107

Gold tenements are worth diddly squat until the explorative work is done and a proven Jorc resource established, Paton. How many years do you think it will take these guys at the snails pace they work? Besides, Amani might not even have a deposit let alone an economically viable one worth selling!

Ask yourself this.... has the perfect opportunity to raise the necessary CAPEX of US$29 million at say 40c been squandered? Surely, brokers, sophisticated investors and existing SH could have been invited to participate in a CR in June last year...?

Instead, millions of $$$ wasted on this potentially futile debt pathway to avoid dilution... when dilution can be reversed by the company buying back shares if and when the project proves to be as profitable as the DFS purports. Instead, the Lindi project is losing its first-mover advantage into the expandable graphite market. Companies are popping up into construction and production in other African countries as Mr G is highlighting.

The funding fiasco has become a circus. Lindi could have been in production by now. Instead, posters are still thinking (after all this time) that funding is NLN. It is sad because for this particular project, Debt is Dumb!