Ann: Kathleen Valley Funding Package, page-419

don’t think she can buy more. At 19.5 %. Has to wait 3 month before she can buy another 3%? Is that right. She could of course lend to shorters but that’s already happening yes. She could dump sell them to push down but that would be risky if she wanting to buy back in. Can’t see this getting down to far but who knows. Great opportunity it may be. She may play some games but she’s in for the long term. Gotta be a good sign long term value in the project. Even if recoveries are 50%, c1 doubles, with spod at $3000 there’s 20% upside from raise price, all the board is in and the chairman’s throwing another lazy $10.8 mill in too.