Ann: Update on Construction at Kat Gap, page-129

Dear holders and non holders,

i, like most of you a burned one, as management is not able to handle a company as required and they doing now, what they did all over the time before, they delude us.

All of you are correct!

A SOI of close to 2b and much more to come, it is a pain as always, but I seriously think, with the actual POG and clz is close to poor gold, they are able to generate profit with the small scale production, as every school kid could.

They have luck, that gold is doing what gold is doing now.

They have to hurry up for benefits from the Gold price to not burn only money.

I expect a gold production very soon, so that is a possibility we can get something back.

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Thanks to the POG and not to BOD, we could get something back after years of pain!!

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BEO