Ann: Final assay results from Elder and Monarch d, page-4

re: Ann: Final assay results from Elder and M... Hey Navy. . . Oscar . . . other long-termers . . .

OK, in answer to yor question, I'd expect the share price to perhaps nudge 14c by the time WWI process their first "gold pour". I think they'll just be selling it at unhedged rates. This is mostly because of the current uncertainty in markets, and "project slippage". I don't blame management - blame the civil service if you must.

I have a Sough African partner, and believe me, since the oppressed masses attained "liberation", the wheels of business move much more slowly. You should have heard her phone conversation with the Institute of Chartered Accounts clerk re: membership renewal: "Eh, sorry madame, di computer - she is broken!" It makes dealings with Indian call centres sound so much more professional. I disagree with Oscarwon's assesment of WWI management. In the South Africa of today progress means greasing palms with bribes and other favours. Just look at DML - they'll be building their own coal-fired plant because they can no longer rely on Eskom for power! My partner's relatives (the oldies who have stayed behind) joke about the constant brownouts they are experiencing.

We just need patience, and time. I'm seriously looking at the 3-5 year horizon with WWI, and steadily accumulating. Just wait for the uranium to start eventually coming in ;-)

Cheers!