Ann: Diggers and Dealers Conference Presentation, page-7

I agree, however I am concerned about

Short - medium term : The approx 700m shares just issued at 1c
Medium - long term : The approx 350m 2c oppies

Both of which will haunt our share price for a long time IMO.

The best we can hope for to maximise share holder return would be a take over based on a value relevant to our commanding location and the gold we have in the ground rather than a take over offer relative to our share price at the time.

I really do feel we are going to struggle to achieve maximum shareholder return if we relied on the share price rising off its own steam, there’s just way too many cheap shares on issue IMO.