Ann: Opuwo Project Update and Board Changes, page-102

People at this end of the market need to be careful about not getting caught up in the hype. Let's put it in perspective. Have a look at a 3 year graph for CLA. I see it being as low as 2.8 cents in July 2017. Not that long ago. Then we had that crazy run up to 24.5 cents in April last year and many people trying to justify the price. All the pumpers here. How crazy. Yes there is a JORC but still a long way from production. Hard to value but Friday's closing price seems pretty fair when compared to the 3 year graph and where we are now. In my opinion anything less is pretty good value for the long term. Let me also say just because it has been pumped and dumped does not mean the company is bad.