Ann: Next tranche of CAT equipment arrives at Chatree, page-56

G'day my friend.

It seems to me that that is just what $2,000,000 machines are for. Keeping everybody happy!,
They are happy because of the selfies. We are happy because they are bigger and it means more ore into the plant it means more buybacks sooner.

I think your mate don has this nailed. If the share price were $3 no one would have a problem with Jamie. If there was not this manipulation
the share price would be much higher. Best to blame joe Longo.

This just isn't happening to KCN, it is happening to lots of companies and retail are getting frightened out of their wits, by design.

i know I keep saying we are working on it, and we are and we are making progress.

Why would anyone wait all these years and sell before one becomes an owner of a tight balance sheet of a company churning out ounces. You have to wait just a little bit longer. This will be a very cheap gold miner.

Kamala and Donald are working for you by printing as many dollars as they can. At the moment it is one trillion every 100 days and the US spends more on interest to bondholders than they do on defence.

Joe even managed to destroy the value of his own treasury notes by freezing the ones Russia purchased in good faith, and destroying their value. Now the US wonders why people prefer gold to their treasuries. You know why other central banks are buying gold in record amounts and why the price is going up.

I am working for you at the moment.

Everyone makes errors, but I am sure Ross would like to see his shares worth more than what they are.

Concentrate on the next few months. Remember they are still negotiating. If they are doing extremely well with the rise in the gold price , the negotiations as to the outrageous royalty we are paying, may be hampered.

We must look after our workers and our local communities. As you know, we rely on their support when we have to apply for our metallurgical licence every 5 years. No licence, no gold. Quite a bit of time has already been used on the current licence. Being a good corporate citizen is not an option, it is good manners and good business. Mike Diemar's lessons learned- Never forget you are a guest in Thailand. Patience is not a virtue, it is a survival mechanism.

I am looking forward to buybacks, especially at these prices, The Gibb River Road was great, as were the Bungles and Lake Argyle. You are very lucky living where you are.

Cheers,

Fitz.