Ann: Letter Of Intent Executed for Pathfinder Far, page-25

re: Ann: Letter Of Intent Executed for Pathfi... Also bear in mind that farmin partners do not undertake non-binding potential deals like this lightly.

To carry out the DD on duch a project will cost real money in independent appraisals and lawyers fees, not to mention management time at the buying entity.

So, it would indicate to me that the buying entity liked what it saw based upon AKK's management numbers for pathfinder and now is undertaking to prove these figures to their own satisfaction.

It would be nice to know then what numbers AKK's management used for pathfinder to attract the potential farmin partner.

The assumptions made here will be key to valuing AKK sensibly.

And currently these numbers remain unknown us shareholders.

EB