Ann: Appendix 3B, page-11

Yes there has been some serious sideways movement from Moy while $A gold price has moved sharply north towards $1900. Who would have thought.

For the record I think flaming is right -  the elephant in the room is definitely the cashflow and how (if necessary) do they fund any gap.

I think it is a very short term issue and don’t think it would be wise for Moy to push the CR button.

But it is definitely holding back the share price so the company needs to declare any position soon.