Ann: Makabingui Mining Startup Plan, page-147

"he also said that he can’t understate the importance of holding physical gold as a core asset.“We love exploration. It's a speculation and you can do very well with speculation, but you want to make sure your wealth will always stay there,” he said. “You need a proper physical allocation.”

Some 90 million AUS$ or more presently invested. 7 years on. Can some inform me again how much physical gold reserve our company is currently holding. I believe I must of missed this report somewhere along the way.Why are we still in suspension? Could it be BSR has still not managed to produced 1 ounce as yet. What exactly is holding it up? $30 to $50 million more capital and another 3 to 5 years?

What the BSR saga has proven to me is the the world still has it's fair share of incompetent imbeciles running around out there and some of these do well for themselves by managing to get into positions well above their actual abilities and pay grades. It would appear it simply comes down to being good at telling porky pies.

Whatever these guys manage to achieve now will be way too little and definitely way too late. Let's hope that any steps being considered to finally clean out this swamp and inject some new blood does not end up the same.

AND STILL NO REAL NEWS AT ALL