Ann: Sulphide Development Update - Amended, page-49

"Youre all a bit vague mate - like an WMX annoucement tbh"

Well done, another cheap shot at the company.

How am I vague, I have just said if NST or any other Goldie you may possibly own takes us over I will be buying into any entity who buys us out because I think we have a valuable asset. My hope is we don't get taken out and we get an opportunity to develop our huge sulphide resource ourselves as that is where a long term SH like me will make some serious money.

My point is that if you are going to come and talk trash on WMX, then in the remote chance any Goldie in your portfolio takes us over, if there ever is would you not get rid of that investment? Wouldn't any astute investor sell if they think a company in there portfolio has made a wrong investment?

There is only really two alternatives.

1) You back your assesment of WMX asset and sell as a result of any such event.
or
2) You keep the company in your portfolio and eat humble pie and realise maybe your assessment of WMX has been very wrong.

Which one are you?

Can I make it any easier for you Mr Bogun?

I think my posts are clear that I am not saying a T/O will occur I'm only trying to see where you stand in the event of such a possibility ever occuring.

The likeliness of such an event for you may be highly remote, whereas for me it may not be as highly remote. If there is going to be a lot of M&A in WA in the next 6-12 months why wouldn't I as a WMX investor believe that we would not be a possible target for anyone in the industry.

This is no different to my query to Mr Gravity that suggested it would be highly hypocritical if he ever now takes up a position back in WMX after bagging the board and the resource over the years here. Is that not a valid assessment?