Ann: Chairman's Address to General Meeting , page-5

re: Ann: Chairman's Address to General Me... floor put under current share price....
the bad news had already been factored in.

working capital secured and financing risk taken out of the equation

now we can reap the benefits of the labour restructure to contract and more efficient mining, impending mining of the high grade western zone - an ultimately a reduction in the current unit cost of production and increased profitability.

current MC of $10 million. benefits of the labour restructure along worth $5.0 million anually.

Gold price to stay at, and/or increase current position due to QE2 and global inflation oncerns.

Give the SP till June 1/4erly when everyone wakes up to the confirmation of the above - and we will see movement.

Share price will NOT stay at $0.023 cents for long