why davis zorbar?, page-10

I don't know the history of the board room struggles at TMX.

Maybe email Keith Wells directly - he seems a very forthright sort...

Selling the Coogee Gold Deposit for {how much?) should enable an aggressive drill program at Bundarra and a few holes at Aztec Dome in 2009 WITHOUT dilution to shareholders.

Once they get to 500k oz at Bundarra they should go full tilt at production (and even now, hopefully, they are looking closely at toll treatment costs and options....?)

The Coogee Gold Deposit is roughly 24,000 oz - what does anyone reckon that is worth at a time when gold in AUD sits well above $1200 an ounce?!!

In situ value of AUD 30.5 million (using 1250/oz).

If this all comes to fruition I will be very happy with Mr Wells and the entire board.