Ann: Quarterly Cashflow Report, page-11

Thanks Sabine
My concern is exactly the same as yours
Of my other holdings the Ann's are always informative and put in a manner so that reasonably decisions can be made to hold or sell

This one is very closed and when Ann's are made they are very empty and do nothing to help,with confidence building

Unfortunately because this is such a closed operation one will think it is done for only the bennifit of the inner circle of mates

I will hold for the moment I have been a holder for the past 2 plus years and from the beginning I had hope from what Sargent presented as being a good thing but now it worries me as to what has happened with the funding arrangements from Blue Cap and others

I am not sure what the arrangement is with Brimstone and Blue Cap
Maybe Blue Cap is the vehicle being used by Brimstone to get full control of Erl (IMO)

December will unfold the full position of what Blue Cap will do but Sargent has a real problem with how to pay down the debt

I am not trying to down ramp as some think I really want the BD to be honest and tell the SH what is happening
to move forward successfully
The AGM was very hollow