Ann: Exploration Update, page-16

Surely if the newly identified opportunities at the salt lake, target 2,etc are that good (which I'm hoping they are) the Board should have been responsible enough to cancel the latest attempt earlier especially given the fact that it was a very small isolated target and they failed to hit it in 3 previous attempts. Very poor decision by the Board imo. Also what are they doing about the drilling contractor. Is there a penalty for failing to hit the target and losing rods, etc? Are they getting a new contractor, how much has this failed exercise cost shareholders? I think shareholders need some answers to understand what happened, whats being done to ensure this situation does not repeat itself, and more importantly restore shareholder confidence.

Cheers SandyC