Ann: Cash Position and Strategy Going Forward , page-13

Hi all

Yes it is gut wrenching to see this at this level with the possiblity of even lower.

However small miners are not doing that well overall. I have a few that i bought around the time i bought FNT and not one has improved all have had the same fate as FNT.

In fairness i did have the opportunity to opt out when it rallied with increased Andewa tenemant. I chose to stay.

Will it turnaround i hope so. There will be quite a few sunrises and sunsets i feel before we do see anything worth something significant.

Hope we can all get back to corking the champagne again.

Regards
ubetido