Ann: Receipt of Non-Binding Indicative Proposal, page-9

The offer appears generous only on the over reaction on production ramp up figures and should be rejected outright. On current production and gold price trajectory the share price will easily exceed 58cents after 3-4 months. I urge holders to hold - DO NOT SELL.

This is unlike LTR. We are already producing, with little debt and plain blue skies ahead. The Chinese will up their bid...