Ann: Quarterly Cashflow Report, page-22

how many years has this merry go round story been discussed for now?
A: 2-3 years.

why has bgs shifted its focus away from the location of the plant to new drilling locations?

A: Imo Ntiola is too small with limited upside, however, on the BGS pyramid which is in a few quarterlys the focus was to bring potential targets all up to the stage of ntiola. They are doing this systematically with Viper and then Koting after shelving koble. Takes time. unfortunately we have had some bad results in the interim.

why has this been the worst performing explorer on the ASX if the randgold fantasy has any substance of even happening?

A: Certainly not the worst performing. Randgold fanstasy is just that. but it makes predictable sense if they can prove up some sort of resource worth digging up hence first right of refusal document.

why is the SP not reflecing the holders views on HC?

A: For the most part HC posts are guesstimates of what can happen.... the sp is a reflection of current status and not yet been valued at projected revenue from certain deals as there is not enough information,.