Ann: Bankable Feasibility Study Update, page-68

My point was that if management has information on a sensitive matter, (Timing of this deliverable is sensitive) then they should update the market.

The information is more sensitive primarily because they missed their own self imposed deadline, which absent clarification, may be read as negative. The information bestowed on the telephone call repositions it as not that bad, which is thus sensitive and should be disclosed in the appropriate manner, e.g. publically or not at all.

That was all.