Ann: Excellent High-Grade Continuity Confirmed at Kambale, page-34

There is 1.1million reasons to why they need this SP to go up, that being the value of the exercise proceeds of CDTOs.. we need the price nearer to 4c to get a solid take up, that being shareholders who received the entitlement and those who purchased on market.. we can’t afford the price to remain at these levels.. that’s another reason we need local expenditure.. African has been the number 1 priority for 6 months or so now with next to no improvement in price.. I am not saying stop what we are doing, but mgmt need to start something of substance here locally.. otherwise all these option series with expire out of the money and he will continue to lean on Peak for funding..