Ann: Quarterly Activities Report and Appendix 5B, page-46

Yep it’s sure is a bad situation

Mt Morgan failed divestment
WD fail to execute taken way too long although sensing we are close on this.

Newcrest JV only savour and positive that’s been done in probably a year.

can’t see them pushing a credit raise but share price thinks this is coming. I’d suspect we would be looking to vend out Twin hills imo but with share price at 8mc can’t really leverage a decent deal imo.

con notes was a poor choice a credit raise would of been sufficient imo but the whole strategy has been poor from the start. The fact we ran geo works on unknown targets just this year should have been the first thing we ever did 3 years ago.

we only need a few drills to find a discovery in addition to what we have and it’s game on, we just lack the ability to do that for some bizzare reason. Too many targets for our own good and we continued to play down plunge