Ann: Board and Management Changes, page-20

Hi Alb,

pretty sure you are correct, the only payment for the Dec Q is for the debt facility of $1.6m.

All that was owed to the original owner has now been paid (pretty sure).

Still a lot of stripping going on, plus due to the plant constraint, they are building up the ROM. So... costs are higher right now, as Loki explains on the other threads. First 2 years is higher costs. But... was supposed to be higher production to balance it out. Golden wings pit reconciliation is aslo an issue, as the overall grade should have been a bit higher. 

Not so worried about the Chairman, in the sense that he must have many offers on the table that require just attending a few meetings etc.

Right now, its all hands on deck at GCY.

hmph.