Happy to see you holding the flag in here TCG My point is the...

Happy to see you holding the flag in here TCG

My point is the change in precious metal prices in AUD 2013 scoping study time and 2018 now for the Skaergaard metals

AUD Gold then about 1300, now about 1650 per oz .......... we have 10 mill ozs known

AUD Palladium then 650, now 1200 per oz ........... we have 30 mill ozs known

That's 50 billion bucks IGV just for these at Skaergaard

You would think with such significant price changes in our favour, the spreadsheet should at least have been taken down from the shelf and revised with current numbers?

And Vanadium has SOARED since as well and not even mention of our resource !!! What IGV for V ???

Should it not be the Board's responsibility to continuously keep these things under review and plan ahead accordingly ???

Skaergaard is effectively a mega Palladium resource with Gold credits, and yet to be defined but massive Vanadium component.

Geezus, V-SPEC KRC on its remote V resource alone has gone from 0.4 cps to current 140 mill market cap in less than a year based the V-price. And AVL ditto now at 110 mill market cap from peanuts in same time. PGM probably has more V as part of its Skaergaard cornucopia yet here we sit at a pathetic 20 mill MC FOR THE LOT without the market even knowing about our V inventory.

Board has failed in making the market aware of our intrinsic value and has allowed us to remain in a VULNERABLE state by doing so.

Time Skaergaard was immediately spun off into hands of shareholders and properly capitalised with aim of doing what is necessary to give it its more appropriate billion dollar project valuation asap before someone bids an opportunistic 20c ps takeover for the lot in current form to take advantage of poor shareholder sentiment

These are the things attendees at EGM should be banging their fists on the table about.

Happy for new boys to evolve Owendale conservatively and make a name for themselves. But I want to see Skaergaard separately given its proper dues by some innovative financial engineering with the right specialists at the helm.

Our major shareholders have both the cash and the contacts to do so but have been sitting passively here whilst focusing on other projects. Not hungry enough? We need some hunger here for the benefit of loyal shareholders who have been ignored and abused for too long.

Time now for the Ice Queen to regain her throne. Get angry, demand it.

OWEP