Ann: Investor presentation, page-14

Ok so I'm almost comical; almost comical could be said about the below ASX announcement (13-05-2013); they had already destroyed tailings dam 3 by extending the ROM pad in March / April 2013; I don't think they needed consultants to verify the destruction in May 2013. Tailings dam 3 was the larger of the dams (not the secondary); life expectancy of tailings dam 3 & 4 was at least 5+years equivalent to the open pit life. Destruction of the tailings dams, mine & shareholder wealth took less than 1 year from commissioning phase.

As noted previously; the BOD's decommissioned tailings dam3 in favour of an extended ROM pad (for the wet season; laughable now per slide 17) thinking they could buy land, permit and build a new dam; I suspect their time frame was 1 year; wrong!

As mentioned my posts aren't focused at current shareholders; these post are more directed at shareholders who have lost heavily due to acts of gross negligence; remember shareholders invested on a bankable feasibility study of open pit mining for 5-6 years which includes the dams; the cover stories as quoted via ASX announcements are comical reading and falling apart. As I said they cant help shooting themselves in the foot as per the latest ASX slide show.