investor update, page-6

as a shareholder there is nothing in this "so called" Investor Update that sheds any light on the deal.

Mark's ability to communicate has gone from too much info to nothing. Yet this is one of the most important decisions this company has to make. I wonder why the communicuation has stagnated, since about September 2010?

We are again promised the expert report and EGM, I wonder if these dates will come to pass or just pass!!

I was hoping that Globe and ECE would have some investor update meetings prior to the EGM to explain the deal and why shareholders should vote for it. Maybe Mark thinks that if he keeps quite the shareholders will just let this pass.

While I do not think the deal is bad, I have not seen anything that says it's good both for the Company and shareholders.

Regarding management, I'm not sure who is left, maybe just Mark, with Julian Stephens gone [mid-2010]. There have been recent adverts for a new Kanyika Project Manager so I assume the old one is no longer there. I wonder how Globe will accelerate the Project without someone to make it happen.

For those who attent the EGM, make sure you ask plenty of questions regarding the deal, you only get one chance to do this [or so it woudl seem].


Preston57