Have been a long term holder and will continue to be a long term...

Have been a long term holder and will continue to be a long term holder. These dips are an opportunity to top up the holding.

HGO do not control the mine approval process and they are not the only company having difficulty with delays in obtaining mine approvals due to inexperienced government staff in SA. Mine approval will be forthcoming.

You would have to be blind freddy not to realise that it is a difficult environment to obtain finance. Its all over the press. But the signs are there that the finance market is starting to rebound. In one sense it is a positive that HGO has not finalised mine financing because as the market improves the terms will be less onerous.

Patience is a virtue.