Ann: Fremantle Explorers Presentation, page-55

Thanks for your commentary Curiouswon.

It just makes me wonder why presumably smart money would want to sell now with so much blue sky around the corner?

For example, is Ariadne disappointed with HGO and has now decided to sell out of their total holding?

Just makes me wonder.

I have always been a long term holder and generally I try and hold stocks for as long as I can if there is a good story behind a company. Here however, there have been years of promises and years of a languishing share price.

For example, if I was HGO management I would be providing regular updates to shareholders (for example on the progress of MC51) and I would also be providing summaries of what was talked about in KCCC meetings (the last meeting was last night and we won't hear anything for probably three months).

HGO management need to show a little more respect to shareholders.

Personally, it is not a good way to treat shareholders (especially long term holders).