letter to amitan shareholders, page-8

Thanks for the well wishes, same to you and your family.

I didn't mean to come across as attacking you or your statement, so if I did, Im sorry. I am not implying anything of a conspiracy. My problem is people now have to get right to the point and say what they mean! No more beating around the bush!

....and that will be my New Years Resolution.

Im sick of people threading enough truth into lies to try and keep people hanging on.

New crew, old crew, whatever. Neither have done a thing to help me yet. The connections between the two run too deep for me to see any immediate positives.

How is it that GPN does a placement to sophisticated investors and people who were already shareholders got cheaper shares? I'm pretty sure you can't pick and chose which shareholders to issue shares to.

How many people sold their shares during the placement period, into the spike up to 1.3c only to get them back at 0.7c as a sophisticated investor?

I think the amount of money the new crew is said to have put in is slightly distorted. My opinion only of course.

For the record, I have supported the companies plan to acquire ground BUT I do not support their methods in doing so.

GPN (especially), YRR (not AGU as it is too young) could've all applied for these tenements on their own. All of the Scook NT tenements were applied for by his company AFTER already dealing with GPN and getting effective control. Now, as majority shareholder in GPN after the Desert deal, he, and anyone else he brought to the table, would've stood to benefit from GPN making all the applications. Even I, a shareholder before his time, would also have benefitted.

IMO, It was never about what was on the land, because they showed less faith in it than the gold we found at Peak Hill.

How come none of the shares they issue in these deals get escrowed for a year or so???

anyway you've hear it all from me before. I could go on and on and on but I wont.

I am now starting to think that if regulators want to look into these companies only good can come of it. It will send a very positive message to the market if the New Crew gets a clean bill of health, don't you think? YRR look as though they need some help in getting the stupendously late Gabanintha results out anyhow. Time is running out on YRR options and I won't sit idly by while they conveniently waste time to suit themselves.

This is a New Year, and there will be change one way or another. I honestly hope we all have a good year and wish everyone the best.