Garden Gully - Stranded Asset, page-7

As with many long term holders, I'm exasperated by the SP. Exasperated by the sustained decline over the years, but particularly the flat lining at .006 for months even with great advances by the company.

i believe OAU is doing the work to succeed.

OAU over the years have consistently improved Garden Gully. We have great marketing, good board, great discoveries, enviable resource - and yet the selling continues.

I am not all smiles and rainbows. I believe the company oversold our readiness to mine, and the ONE YEAR wait for Native Title agreement was not adequately flagged. When south east zone was discovered it was ignored by the market and we had to go to a savage dilutive $5m CR. Probably who's selling today.

OAU is moving ahead. The SP will catch up.