Ann: Quarterly Activities Report , page-24

loki

"Last quarterly report we got 20 pages, this time we are down to 17 pages.

I am all for simplicity but I do not like it when the tables do not offer the same amount of detail as last time. I am refering to the table at page 8 (Unit operating Costs) which does not contain the details in the previous quarter report at page 9 (covered all development costs etc to provide a full picture of cost per ounce).

I know that other companies often do not give details of the development costs with their total costs, but "Sir" Les was above such tactics."

Could it be that the recent M&A speculation has some real substance behind it, and Les is pulling the cards closer to his chest, so as to deprive a potential predator of precious information? The share price activity over the past few days indicates that something could well be happening on this front

Cheers