Ann: Capital Raising Accelerates Growth Strategy, page-7

another factor I consider is our neighbours Rand and Tribune. They sit back and get gold credited to them each month without taking on any development risk under their JV's.

Rand about 20c to $3 in five years, Tribune about 60c to $8 in the same timeframe. (but both very opaque and illiquid).

If we can JV the paradigm/carbine area and achieve something similar PLUS develop our other ground surely value will be many multiples of where we are now.