Ann: Beacon to Pay Dividend, page-87

I think it was the following:-

1. Wipe out the options to move forward without them hanging over the companies head- 900m now down to 150m I think.
2. Deliver on the BODs promise to pay Dividends.
3. Position the company to consolidate the SOI probably within the year they will announce a 10 for 1 consolidation.
4. They have the funds to continue exploration without depleting cash reserves. Also to purchase new ground if required and plant upgrade to get to the 50k ounces a year.

The benefit will be in the future once LOM announced and SOI consolidated. The market will take notice with a profit consistently year on year of $30m to $40m and consistent dividends.

I think that would see us in a Index in the future which will require large managed funds to start taking a position. It's the long game. In the long run it will be a takeover target if the existing ground starts giving up the source of the transported mineralization channel.

Well I'm a long term holder so I hope it plays out this way.