cr, page-15

Guys, will shut up shop after this post.

If anyone has an interest, please have a look at HC's price chart for ABU. This will confirm that for the bulk of the year our share price was well above this so called fair value price of 0.024cps. If you then have the ability (Comsec's price chart will allow very easy viewing), go back 5 years or even 10 years and it will confirm what the real market value has been for our company.

Yes, just after GFC the price went down to 0.006cps but then went up as high as 0.26cps. In the last few years it only went down to 0.024cps several times and only for a matter of weeks over this last 10 years. The bulk of the time it was in the range of 3 - 5 cps, and for significant periods much higher still.

This price range was when we were mostly or purely speculative; access to huge unknown unexplored but potentially rich gold tracts of land in outback NT; limited funds; with no known or possible gold reserves; no successful trial mining; and everything was of 'high risk' in progressing forward. What a difference now and all our directors can negotiate and accept is one of the lowest bids we are offered for over 20% of our now largely de-risked company with the potential of a world class resource base.

In my view, our current share price of 0.026cps is contrived by the incompetence of our directors. When the opportunity to give explanation DH lost his way and didn't/couldn't/lost the opportunity. The figures speak for themselves. It's a pity our CEO didn't!!!!!!

Hopefully, they haven't done too much damage except to their own reputations.