My email word for word is below. Hi Bill I am a current...

My email word for word is below.


Hi Bill

I am a current shareholder of Ram and have been for some months now. Like all shareholders there is a fair bit of frustration growing at lack of progress being made with regards to commencement of drilling. There have been several timetables given and so far none have been met. I believe we are sitting on some fantastic real estate but not much good without commencement of drilling. The last report referred to SIR's Centauri and Crux prospects a lot, I understand that nearology is a great thing but of no consequence when it appears we are not moving forward. Also based on SIR's initial drilling results, CRUX may not be as great as made out to be although it's early days and lots of drilling still to happen.

My main points of contention are we as shareholder need more updates from our Directors keeping us abreast of progress and time lines ( realistic ones), do we have permits yet, if not when can we expect them?, It looks like we will need a CR soon but at current price will need a large dilution of shares to attain any money worthwhile or are there talks with a JV partner? What is the realistic drilling commencement timeline, the sooner we start the sooner our share price will improve slightly.

I truly believe RAM will be the next major player in the Fraser Range but currently it appears we are stagnant and the frustration is building amongst share holders. I understand you are a busy man but any feed back you are able to provide to allay mine and other shareholders concerns would be much appreciated.