whats best for ext , page-40

Mark.

You are correct in your statement.

What really is important is a independent Board,
looking after the interests of ALL S/Hs.

I also see another most pressing issue.

We must not lose sight of another important issue,
and that is to prove up the resource, even if it
means hiring a dozen Drill Rigs, because at the end
of the day the larger the U contained the higher the
offer, if it be a JV or a T/O, I would not like any
offer or approach by any Co until both
Zones 1 & 2 have been proved up, and by that time
we will also know if the resource extends for the
next 9 Ks, the company did state they would be
sending a drill team down to test that area.
The costs of hiring drill rigs, must be in decline
with the winding back of Exploration all over Africa.

So the longer EXT hold back on serious talks the
better for all s/hs value.
Excepting any Proposal put forward to early is not
in any S/Hs best interest.

But in saying that, imho Companies will be making
approaches right at this moment, and talks will be on
going, and that is all we as S/Hs want is talk, not
jumping in to any agreement.

That $500,000 that Kah owe should be pursued Pronto.
help pay for the above.

Re Simmo