Hi Mausgras and all,To be fair with the current price of Gold...

Hi Mausgras and all,

To be fair with the current price of Gold and the general malaise in the Gold mining industry I guess the assets at Bendigo would be difficult to sell. I doubt we would get scrap value for something that has had (I believe) $400 M spent on it over the years.

More likely we will have to pay someone to take it away and clean up the site at our cost.

It looks like that new drilling was also locked in some time back; however, it’s another drain on very limited funds.

It just seems that the current management team can’t win a trick.

Maybe if they had just concentrated on developing Henty and extending the mine life the way they had been doing and producing 50,000 ounces PA at the 12-14 g/t we may still have a positive bank balance. But then that’s hindsight for you.

Cheers and very best regards: Andy