bgf - coverage - target price 0.15, page-7

Gday Timmo, I know you have changed sentiment recently in relation to Derewo but I have known ever since first mention of the illegals causing delays was mentioned at the end of 2011, that it was never going to be easy for WWI to get this project up and running. If they get this project up and running, from my research, WWI will be the first ASX listed company to break into Papua Province and they did it without bribes and did it legally all the way. That is the good thing about Michael Quinert being a partner in a law firm and being Chairman of WWI. I really think he and Vince Savage are the reason why we are now close to starting alluvial production. I have read a few posts over the years knocking Michael Quinert but I think it is a good thing he is the Chairman/MD. I have also been told at one AGM that Mr Quinert often does a lot of work for WWI at no cost - he does not get paid.

I have never felt more positive about WWI after reading the Quarterly yesterday. I personally am looking at 20 cent share price within a few months and upwards from there. WWI reached over 50 cents after it was first listed on the ASX.