Ann: Board Appointment, page-6

Unsurprising to see the share price again on the cusp of $1. Remember, we hit our high of $1.11 prior to commission of the mine. if my memory serves me correctly, we still had some of our machinery in transit. Yes, the price of gold was higher at that point in time but we need to remember this - EMR is a solid company, under steady leadership with proven fundamentals. This hasn't changed. With recent commissioning, and a decrease in risk, it has become even more attractive. The above reasons are, to my mind, sufficient to justify an expectation that the SP will continue its upward trajectory. However, my one criticism from management is their lack of updates. Sometimes months pass between them. I do not want flummery, but I would like to see more frequent updates, perhaps 'check ins' with shareholders, and potential shareholders, by management.

Cheerio F.H.