Ann: Ceasing to be a substantial holder, page-20

Here is the bottom line: 2 years ago this was a penny stock with nothing more than a few mill in the bank, a piece of dirt and a dream in their heart. Now somehow, we have a world class deposit, over 100 mill in the bank, a market cap of over a billion dollars and we still ONLY have less than 65 mil shares on issue. However you want to cut it and slice it is still a wonderful achievement.

We should not forget that the institutions who are the moneymen want everything for nothing. Their greed is insatiable. Our management are aware of this and are somewhat beholden to them. If you think the instos got a good deal now, then we can only imagine our displeasure if our funds were depleted, and they had us by the short and curlies. They would not care about us retail plebs and they would not hesitate to sink the boot into our ribs as we lay all bloodied on the ground (metaphorically speaking).

The moral of the story is safety first.