Courtesy of Donkeytailpinner on UK iic website:Dear...

Courtesy of Donkeytailpinner on UK iic website:




Dear Donkeytailpinner,

The presentation will be available via a link on our web site after the
Sydney presentations.

We have considered the Poura property. It is held by another party and
it
was re-opened, but I understand that the mine was flooded during heavy
rains
a couple of years ago and the cost to pump , refurbish and re-start may
not
be economic. That is not to say, we are not keeping a watch on
developments
there.

Thank you for your continued interest and support. I know that it has
not
been a encouraging year for our shareholders but I sincerely believe
that we
can overcome the current difficulties in the short term. I will be
stepping
down from MD position and handing over to Scott Lowe from 1st August. I
have
confidence that Scott will steer the Company along the right path and
push
ahead with our plans to make AIM a viable and dynamic company.
Meanwhile, I
will remain on the Board and will continue a daily involvement as an
Executive Director.

Kind regards,

Bill