Dear Ian Smith,The word of this company, its Board and...

Dear Ian Smith,

The word of this company, its Board and Management and PR firm still can't be relied on. What are you doing about this as Chairman and 40% shareholder, and as the person on whose word many of your investors relied?

For example, the last two ann's:

On 29 April you announced:

"GBMs construction and operational teams are confident that the strip and electrowinning circuits are on
target for completion on the 15th of May. As a result, the Company expect the first 2-3 kilogram gold
pour, from gold currently captured in the CIP Leach tanks, immediately thereafter. Following the
completion of the strip circuit, GBM will move to a level of consistent and higher volume gold output
with 2-3 kilogram + pours from the Leach circuit becoming routine".

On 13 May you announced:

"Drilling at Beavis Block Complete".
"Samples have been taken for analysis and results will be reported on receipt".

It's looking again like the last cycle of endless things that don't happen. You don't need to be taught to suck eggs - of course it better for an announcement to set a reasonable expectation than nothing at all, but surely if things change, basic professionalism requires that to be announced?