Ann: Company Presentation, page-29

Hi Zubric

During the luncheon a question was asked from the floor asking MW if LEG was working on any future acquisitions. The answer was No.

The money paid to MW and Co may not be big money compared to other companies but it is big money when the performance of the SP is a complete dud.

They have 20 mill in the bank ,probably the best thing to do now would be to return all that money back to the shareholders..

Other companies are out there with the drills hitting the ground? Why cant LEG do the same?

They have been out of Africa for a while , yet nothing much is going on. IMO there is little incentive to go mine the FR. After all if your getting 400k a year why not just sit back and roll in it.

Stackey