Ann: Quarterly Activities & Cashflow Report, page-15

I guess I have been waiting so long for WWI to prove itself (since 2009) and with two failed start-up attempts with the Derewo Alluvial project, I cannot seem to bring myself to believing in the story unfolding in SA and the Pilbara. I supported last years cap raising and will remain a shareholder but until I see some positive news on the Pilbara and the granting of the mining rights in SA, I am still reluctant yet to say WWI is out of the woods. I do feel that the Indonesian partner is taking WWI for a ride with Derewo and will eventually undermine the company and probably have been since day one.