Ann: Appointment of New Managing Director , page-8

Hello


Buc, Ulti, Towie, Lez, and all others who believe in this project.

I'll be online for the next 2 hours

Firstly . . . . a big welcome aboard to
" Anthony Simpson ", your experience and results driven personality and professionalism will help move this company forward to production. Commiserations to the people at PEN, you have lost a star player from your team, evidently he can see a prosperous future with BLR in Colorado.

To ALL

You may have noticed a certain tone in my posts the other day, when all manner of insults were thrown towards management in relation to issuing incentive consultant options.

My post 18/12/11 16:23

"So at this stage, it definitely looks like someone else is getting an incentive to move our project forward"


I understand why some vented market tensions through this channel, I hope today you are feeling just a little sheepish . . . considering what was announced today.

Mike Haynes IMO is technically brilliant, and has put in the hard yards to advance this project, to the point where as a shareholder you should be proud of him. This is not a backwards step for him, rather a strategic one.

I'll let the market do the talking in regards to the share price . . . . .



SwissB