THE 4 MILLION OUNCE BET, page-5452

The harsh reality is they just don't know.
What many of us thought would be a routine and entirely trackable process is absolutely not turning out to be as planned.

The issue is twofold:
1. The QA/QC is still in the labs. They still have to be provided to Shango Solutions to be able to remodel the top 300m bands targeted in the first phase of operations. There is absolutely no clarity from the labs as to when the results will be available. They don't know when the data will be available or worse if they are going to be told there is a further delay.

2. The MR. The problem here is once again clarity of process. At this stage the Company cannot get a clear timeframe for when the application will come before the committee. This is largely due to the size of WWI. As important as this development is to all of us, it just doesn't rate in terms of size and importance within the entire SA mining community, nor do WWI in comparison to global majors.

WWI are obviously not releasing an announcement, because it is now painfully clear they have nothing substantive to provide to us.