disappointed, page-15

The opportunity cost of 6 years+ plus at BM is just going to be way too high for many holders but I just wanted to address one point that a couple of people have made. The point that Exergen will forget about BM once they have operations in LV.

Nonsense IMO. Smart businesses want to make money. They don't just have one venue or product, they have many. Because that means more money. If BM is profitable and adds $700m in value to the company, Exergen have no reason not to go ahead. BHP didnt just open up one mine and forget about everything else. They have multiple operations, multple revenue streams, multiple profit centres. This idea that just because they'll have operations in LV means they'll never want to do anything else is just plain wrong IMO.

The links between MNM and Exergen in the LV are more spurious IMO and are a fair way away yet. Yes we have tenements, but they are outside the sub crop region. The desktop study hasn't even been completed yet (heck the tenements haven't even been granted yet) and there'd need to be plenty of drilling to determine what is there if anything.

I also think many holders are just getting sick of the lack of information being provided by the company. A 1-page press release to announce scoping study results?? Get real. IK and others aren't really in a position to complain about the amount of time they have to spend responding to shareholder enquiries when they can't even bother to put out basic information. It's not good enough.

At the moment, I dare say many holders are waiting to see what gold results come from GC and to see what progress there has been at Mt Mulligan before making final decisions to sell out and look elsewhere. So with GC results next week, followed by the quarterly, i think it's actually quite an important time where sentiments (and the share price) will be tested, one way or the other.