Ann: Financial Reporting Relief, page-5

Hi NZ Trader and all,

I tend to agree there is a great deal of Gold still locked up in the waterlogged mine and once the new owners buy the thing for a few cents on the dollar I am sure they will make a fortune.

Sadly the rest of the long suffering shareholders will be able to do little more than look on enviously once again let down by the ASX and ASIC boys asleep at the wheel.

You are not alone I got into this around $0.30 and out again at $0.20 once I saw the writing on the wall. I just think it’s an awful shame that some of the management personnel that have failed their faithful shareholder base so badly may indeed be the very people to benefit from the fire sale!

Cheers and very best regards: Andy