Davisite, There did seem to be some sparring from the floor from...

Davisite,

There did seem to be some sparring from the floor from a shareholder (Sean or Shaun) , who was making the point .... : is the board going to go out and sell the story and get the SP up, as opposed to just keep doing what they are doing and let the SP languish where it is now. He also asked if required funds would be offered to current shareholders or placed (obviously at a discount)- to instos . It seemed like he was opposed to the idea coming from the instos.

The way i read his questioning was :

Why give this discount to instos , just to line their pockets (with fees etc) and assist their high net worth clients. Why not raise the money from shareholders and allow us the benefit of that opportunity.


I couldn't help but feel that he thought there may have been a conflict of interest about who was motivated by what. He was very clued up and worth listening too.


Sean - Shaun - if youre out there ....... ??? hit us with your thoughts


Obviously we are going to need more money to keep drilling the resource, and the expectation is that they will find more ounces when they drill. The overwhelming feeling was that this (current) resource is worth a lot more than 3c, whether it be sold to a predator who wants the ounces to go through their own adjacent processing plants, or whether we get enough scale into the resource to build and mine ourselves.

Anyone else who was at the meeting,,,, keen to hear your thoughts on the various questions and answers that came from the floor. ???