negotiations, page-11

Janvier - agree that water is very important, especially after a three-hour lunch at Black Tom's, and you are spot on where you say:

"It takes vision to turn a board around, and see the jewel in black dirt."

Small correction however on your later point that

"Mr Muzzin has shown vision in 2009 when he wresled Uley from the jaws of an underperforming suitor. The suitor, Mikkira graphite was about to walk off with 75% of Uley for the princely sum of (from memory) $250,000"

as the word at Black Tom's is that Muzzin had very little to do with it. Seems it was all the Chairman of SER who rescued the asset - conception and execution - and we all kicked sand in the two non-executive directors' faces at the 2009 AGM by refusing to vote them options although Muzzin got his and seems to have cleaned-up handsomely.

Do you think I should perhaps get use to drinking straight Scotch if water is going to be such a problem?