Ann: Four Mile Project - Completion of Sale to Quasar, page-73

Hi FO. It was never OK in my view, and were we not already legally and financially exhausted it could well, I think, be classified as unconscionable behaviour on the part of Q/HG. But we were both, and facing bankruptcy to boot; and Q/HG exploited that.

I understand that settlement occured shortly after the offer was accepted. If it were a normal real-estate "offer and acceptance" then I would have thought that whatever was mined before settlement (that is between the offer being accepted on 13th July (?) and settlement occurring (September?) would rightfully be owed (25%) to the part owner. What was that - about 2 months? That is certainly what happens with property, with the rent that is received between acceptance and settlement.

Are you thinking Q owes us something for that period ? .. That's the only thing I can think of relevant to your question. .. Anyway it's good to see that you still hold and are following. I believe you probably knew/know more about the uranium market, and the sector, than one or two of the directors.