Ann: 4th Quarter Activity and Cashflow Report - 30 June 2017, page-8

The Blues outsmarted us, and AGS was forced to sell it to them for peanuts. No or insuffients due diligence done prior to signing the JV with them. Plus too many secrets from shareholders.

The management team remains essentially the same, so there is no reason to have a lot of confidence in this team.

They may (or not) 'strike gold' again, but then what? What are the plans (if any)? This is no mining company, just another exploration company helping to pay salaries.