Ann: Notice of Annual General Meeting/Proxy Form-ABU.AX, page-10

G'day boondie, There is an incredible amount of volatility in goldies,
recent price actions are example even the likes of NST is not immune & you
can't doubt there management team,-stock holders will try & take a slice of
that volatility- some get it right & some get it wrong-thus the share price
action continually moves from a realistic fair value price into oversold or
over brought positions-this is frustrating for those of us that are invested
long term like Bobminer, self & many others -but alas it is what it is.

So there is manipulation daily of the share price action, this should not be
confused with those we put our trust in - Directors that conspire to gain at
share holders expense & in breach of the corporations act are DOG'S, we
have been through this in the past with reference to ABU's old guard.

Those tarnished & or directly responsible are gone, we the share holders
either understandably capitulated & or suffered through the ordeal,
the assets that were attempted to either be controlled or acquire at a grossly
sold down value held ATT ,are still held.
I believe fundamentally there is good reason to hold ABU & that obviously
we need a good M.D. to lead the charge to unlock value & drive the stocks
price for share holders, it would seem we have attracted the exactly the
right person whom is capable, he still has to walk the walk & deliver.

IGO are now on our registry adding integrity & a watchful eye & we have
a new very experienced chairman & M.D. at our helm they both would
have conducted extensive due diligence before taking the positions &
obviously see upside, there remuneration packages are not exceptional
given there experience take a look at others on the ASX, if our M.D. decides
to buy his ABU options then he has either driven our the share price north
enough that its a no brainer for him or he buy's the options in advance,
either is ok with me.
Take a look whom has just joined or appeared on our top 40!,
He has likely come on board as a result of recent BOD changes.
Should you be guarded in regards to your capital -of course you should
& can sell at any time you feel the risk out weighs the perceived potential
reward.
imo only
glt NEW & LTH
salt