Ann: Update on Receivership Process, page-14

A good thought Johnny

It is also difficult to detail what was purchased/sold.

Pybar was still a major WPG shareholder after the sale.

The price for the 50% was $9m PLUS 25 million options.

WPG paid the money to Pybar, which still owned and owns a large part of the company.

And a fistfull of cash. (Were they ever paid?)

I can only offer that the new deal included Tarcoola.

I can't see where it even specified if valuable stores, gold in the mill, goldroom or leach pile were considered.

The devil is in the detail - exactly as the many announcements of gold grades and reserves.

The ore processed was generally around 1 g/t, a complete woftam.