Replacement Board of Directors, page-88

WEll that was a long & arduous Suspension.
Have i missed anything?, well apart from Management requiring some fine tuning.

I also voted on Reso's late last month, and voted againt the issue of All issued Oppies in the end, inc the SPP ones (as you can't have your 'cake and eat it too i say).
Although i see most here have voted 'For' their own SPP Oppies also, typical for most people Down Ramping the Company for months, yet you all still Vote for your own Options to create dilution yourselves.
Be very interesting at the GM if some shareholers raise your hands in silence on your own Options, but guess we can expect that hey!
What a joke / whilst knocking Managament for their share in the same breath.

Creating around 300 odd million on market with current & proposed Options combined may create a huge overhang for a lengthy time.
I went through this with LOM (Lucapa) over the past 1 1/2 years and they are only starting growth in the SP again.

Anyway i have been in constant contact with Management recently and outlined my own Resolution theories, so guess we may see if anything comes of it, we never know.

On Drilling
I will praise GSM & JW for drilling 5 Holes in exactly 3 weeks. In those conditions, you could not ask for more. Pre-site preparation done from around the New Year has made our Drilling campaign (once started behind schedule) go smoothly in the end