agm, page-3

The problem is that completion and reporting on field work was not timed for presentation at AGM... a common problem with geo mgmnt not understanding that running pubco requires tailoring all activity to maximise effect in share market... suggest that in all 3 locations NT, FNQ & Vic, despite drilling to date not providing desired results, GLM is in elephant country and in the hunt. Promising geotechnicals don't always make for market interest!