Ann: Technical and Corporate Presentation Update , page-22

re: Ann: Technical and Corporate Presentation... Hi Braggy,

you make some valid points.

"Another point to mention is that ABU has a very large share registry, the volume of shares in the market place will certainly impact on any SP movement of significance I would expect."


Reply: The size of registry should make little difference.
It is the VALUE of the company that matters.
If they keep digging ounces or have a trial mine and the value of the company increases the price of the shares shall adjust accordingly to reflect the changing market cap.

Present market cap is $137million @ 4.2cents per share.
If the value of the business changes to reflect $274million the share price shall increase to 8.4cents.

A companys value doesnt go down, or doesnt move 'because they have a large share registry'.

The price of a share is only a portion of the true value, you then must combine the shares on offer to determine a value/market cap.
So hence, it is the market cap that matters.

Cheers