very surprised some hope, page-14

Alex

If MUN can deliver on its plans then its share price will go much higher and there will be considerable relief by many, though perhaps not all, long term holders. We are not out of the woods until MUN becomes cashflow positive.

It is good to hear that the $3m is locked in. They need the funds to pay the final loan to Anglo Pacific, which is what I see as the main threat to MUN's survival, assuming nothing goes wrong at the Peru operations.

Thanks for the info about KMC. I think you are right that they are not getting that dump - sorry for the KMC investors but I want no part of a failed operation. I did speak with PXG since I posted on KMC and I took away the impression that they are interested in the tenements but were unwilling to pay much for them. I understand there were a lot of emails to PXG expressing shareholder concerns about KMC so perhaps that also had an impact on what they were willing to offer.

loki