Ann: Chatree Plant 1 First Gold Pour, page-85

These guys did great pulling us through the litigation with minimal dilution, credit where credit is due. But 6 years on holiday has left us with a couple of armchair management types that are struggling to make things happen. NE sale - continues to haemorrhage cash at a rate of $5Mil per year, we had multiple parties interested all through last year and we don't get an explanation, just radio silence. Nucharee loan whilst necessary, was only necessary because they could not secure a better deal which they left until the last minute, relying on the thais to help us out and got us all shafted not only with that but with the terrible CR. The refurb time on plant 2 was overshot quite significantly, and plant 1 seems
to still be processing low grade ore a year after we are back up and running leaving us vulnerable. It would still only take the plant to be down with something that can't be made on site and we are screwed again. Still no word on the credit facility and running on the fumes of an oily rag.