BEZ REVIEW, page-444

This is an ideal risk-reward proposition. My takeway is that gold in the ground and this is huge, shallow. I agree with you Market is skeptical about Quantum deal. I also believe in no way Quantum can takeover BEZ ( I don't need any legal proof, but this is my conviction). I seriously believe developing mine is more important for Quantum than that for us. Imagine, Quantum's business and acceptability towards Malaysian/Indonesian and others when they can say that the pilot plant is in action and they are the top shareholders of that company. They will be over the moon. So, my conviction and analysis says that Quantum will not run away. They need the plant desperately for their existence. Personally, I can wait for more 2/3 years without looking at share price movement. So, for me, it is waiting game but certainly, a huge gain if we see a working mine there in next 2 years.