Ann: Talang Santo Resource Update, page-2

Hi All,

The recent announcement looks encouraging and it makes a pleasant change to have some good news I just hope it’s not too little too late. The Gold price is having a good afternoon here in the UK and the talk is all about the Chinese currency price race to the bottom.

The pressure of the AU dollar could continue and we may soon see a $0.70 dollar, maybe if we can see a local Gold price around the AUD $1,600.00 the downward slide in KRM can be arrested and at last turned around.

Hopefully the management continue the flow of information over the next few quarters and start to deliver on their long awaited production numbers. They appear to finally have access to the good grades so hopefully the excuses and constant apologies can be replaced with solid production results. Long suffering shareholders IMHO deserve no less!

Cheers and very best regards: Andy