Ann: Initial Tumas Resource Estimates , page-4

Nearly 12 months since we were promised major jorc resource announcements would be forthcoming in December and then no later than January and then not a word. Now its March and we get thrown a few scraps.

Where's the 120m lb PLUS jorc Marty. Seems to me its time some people got off their big fat a**e and properly informed the market instead of sitting on drill results for 6 months.

What was that B.S. we heard 18 months ago with 3 geo's to each rig and with our own lab there would be no reason why drilling results couldn't be released in weeks rather than months. Starting to look like years to some patient shareholders.

Why is it other co. can release known drilling results on each of their tenaments when they come to hand as they are required to do to keep the market fully informed.

You'll find EXT next door releasing market sensitive info on a regular basis which has ensured a regular s/p increase from better informed shareholders.

This company's management and PR is becoming one big yarn Leon Pretorius and John Borshoff. Seems high time we had
an injection of some more get-up-and-go new blood to the management team.

The shareholders who gave this company the luxury of sitting on $50m cash a long time ago when the s/p was 4 to 5 times the present s/p deserve a hell of a lot more from those entrusted to properly manage our company.