Ann: Option Exercise, page-31

Hi bobs,

I could definitely see a bid for our Cambodian assets , higher than our current m/c. There is so much upside on the table here, and any suitor is going to have to pay for that. Otherwise Morgan and co will just keep on doing what they are doing, develop the Cambodian assets, keep hold of the tenement pkg , and say, no worries, come back in 2 to 3 yrs and pay more than double. I couldnt imagine a deal less than our current m/c , would be of any interest at all.

Having said that, our current m/c , seems to be a target moving north.

I respect your thoughts though and those of the several other learned regulars here.

Its game on