I went to the Brisbane meeting and here a few comments.- The...

I went to the Brisbane meeting and here a few comments.

- The reason behind going for capital raising was on Christmas eve the commercial terms of agreement changed, MUN believed this benefited AGP too much compared to the average shareholder, thus they decided against it.

- tear in tailing dam should be fixed fully by tonight. was a problem in the pvc not MUN.

capital raising expected to be underwritten, anglo most likely will take up rights offer. relationship still good.

hope to get 150,000 by 2012.

not likely to have dividend before 2013.