Ann: Results of Meeting and Chairman's Addres, page-4

re: Ann: Results of Meeting and Chairman'... Peter

I think you have hit the nail on the head.

Bringing back CUY under the HAV umbrella would be wise and management here have set precedent as per GHT. The question has been asked before as to what the tests have shown on drill samples and other minerals are in existence there. Not a bad scenario with MMG drilling and a deal that gives Havilah 40% without the expenses. Could this be a HAV cash cow???

I did not think they were to far from Honeymoon (15 kms) but its a matter of getting into suitable sands. From an Uranium perspective the whole exploration has been pathetic and it seems ironic that the future of the region may be with other minerals.

Hopefully HAV's new strategic plan will cover the future of CUY but the release of the last announcement was over a month ago.