Ann: Owendale Project Update, page-39

noted, you've been around here long enough to know the PFS was completed ages ago and the DFS is due 2018. You also know PGM has $7m in the bank and is now on the hunt for the capex for Owendale. Did you post before you had properly woken up this morning?

I think the only thing that could be construed as misleading is your post...

I'll give you one thing though, right now the sum of parts is absolutely worth more than the whole, a lot more. Does that not make you jump at how undervalued PGM is?

Why would you advocate a TO and a dismantle. In what possible way would that benefit you as a holder? This is genuine question, i'm curious to know your rationale.

Cheers,

DMac