General discussion, page-3237

They won't rule out cap raise and despite having an arbitration award + producing asset, Ross & Jamie are effectively using their own bad deal-making with Taurus as the excuse for not securing debt-financing again? That excuse is not credible. If they are bolstering production and see the equity is undervalued, why would it be so difficult to shop around? Those supporting them appear too willing to fill gaps of logic with ego-driven excuses and endless support for the incompetence.

You shout at this Adam A because he is sarcastic and antagonizing you, but take the value from his statement and stop being so soft around the gills. As a fellow shareholder, I wish he wasn't, but he IS right to raise these concerns. It simply doesn't add up.

In all of these one-to-one conversations being had with mgmt, all of you should be calling on them to give verbal or written guarantees to avoid another CR. Shareholders need to have a voice, not feel like we are folding our expectations into the poor performance of the management team. There is a confluence of reasons broad investor power has been diminished in recent times, but we should not give up. We should sit idle and grow comfortable with the way this year has unfolded, especially given the way the last CR was handled and the overall poor delivery of touted promises (NE sale, Thai financing, or even the delivery/follow-up on much of the negotiated settlement terms from the initial PR that came out in September 2021:

• Development funding (if required) for plant refurbishment.
  Update: Discussions are underway with banks in Thailand to ascertain lending terms as a basis for a decision to select the optimal funding solution for re-opening Chatree Gold Mine (Again only if required).

• Listing Akara Resources on the Thai Stock Exchange.
  Update: Relevant Thai authorities responsible for the Thai Stock Exchange have affirmed that there is no additional legal limitation beyond normal listing criteria imposed by the Thai Government for Akara Resources.

Where are the follow-ups on these issues? Are we seriously accepting that Thai politics is an excuse for not delivering on these deal points and assurances given to us? Do we just take the L when we could have and should have had up front guarantees as part of the settlement?