Ann: Drilling Update for Mt Alexander, page-44

I agree that shareholders have lost some respect for JP over this lask year. I have been critical of his performance and delivery against the timing of last years drilling and scoping study. I have raised this at the last few Company meetings. JP hase stated that the RC infill results will be released as part of Jorc and Scoping Study.

All Company directors use language to advised that there is risks involved hence the (potential) to support a robust starter mine. I dont think his salary is too high. Executive pay is based on many factors and he could easily attract a higher income f he went to another Company. I remember MIN shareholders were saying the same about Chris Ellison only a few years ago. Dont hear them complaining about it now.

i am in the red with SGQ but have continued to buy over recent weeks. We just need some luck with the drill.