conversation with jozsef and jv option, page-2

Anglo in Dakar....it's the regional transport hub and allows all permits to be easily serviced corporately.

Anglo and IAMGOLD jv the Sadiola and have a mutual exclusion zone.

MDL still a big TGZ shareholder and still a lot of shares hel in Melb.....

Alan Hill is no fool and would have been looking at this for some time now, we understand this as fact via independent cross checked reports.

I am in the industry as an investor and participant and have a strong network of Jungle Drums.

I am in West Africa, my sources are sound.

JP I understand to be a good man and hardworking, held back by an ugly share registry with a recalcitrant major holder who has a self belief they defies the reality if his performance that has held back any further investment.

Now the price is back to bargain basement, it is more than reasonable to believe Alan Hill has an interest, how he can realize this practically and get past the major shareholder interest is the key however I believe that we are well on our knees now and will have to accept anything, especially with the equity markets considerably weakened for resource stocks.

Bassari still continues to be well placed regarding Geology and if it can sort out the corporate will have a significant re rating IMO