Ann: Board Restructure and Cost Savings, page-7

Good result really.. we needed to save money to survive... we wont be drilling gold any time soon.

To me this is confirmation that we were not doing much if anything in the way of work. Perhaps they didnt want to be away from family at these times.. they were both probably at home with family anyway.

The way to survive as a company is to cost cut.. we needed that to be done.. it has been done. If anyone wants our resource they know where to get it!

Being a producer now is a nightmare.. having a one of the best projects in the world ready to go once the market recovers is an enviable position to be in.. the likes of AJM and PLS will be lucky to survive the next 3 months imo.. as will many many small cap miners who will likely struggle to pay huge salaries.. let alone putting mines on C&M...