Ann: Controlled Placement Agreement - Extension & Release, page-3

@GravityWaves, the MD wouldn't be buying up if the funding was uncertain. I think my guess will materialise more than your Skeletons.

Yes I disagree with your viewpoints and absurd assumptions at times especially the one on the GWR thread recently re WMX.

We will see if the MD continues to increase position with the retail SPP yet still to close next month. Do you think Milan is stupid enough to be buying on market above the SPP price if he wasn't going to participate??? He is clearly wanting to build a position and possibly concerned that the entitlement will be over-subscribed which will limit his 30k tranches. He may possibly go for a minimum of 60k at his rate ie personal and superannuation as often directors have a holding in two entities sometimes more. Time will tell, still plenty of time for a drilling update in early January to make any buying at these levels loos like a steel. The fact he has purchased more late into December gives me confidence production will be towards the 15k oz for Dec QTR.

Now Mr GravityWaves you and I know that at 15koz per quarter and the hedge in place WMX are making some good coin.

You can sit back with your couch potato analysis whilst some of us put some real $$$ on this.