reply, page-2

I agree that in retrospect, the takeover was a poor decision. But, although you may not like them, my other comments are factual - JL has repeatedly made forward looking statements that haven't come to pass which is why GGG's UK shareholders are very uncomfortable with him.

But since the takeover was launched, the AZX focus has been more strongly on BB with 3 drills now running and not one. Plus, they seem to have stopped spending on the other green-field assets.

I do agree this episode has been damaging to both parties and needs to be resolved quickly. A stronger overall, Oz-based, management team needs to be brought in, especially to build confidence in any bankers that may fund mine development.