Mr. Lumb, the faulty NAV as calculated by Mr. Santini has nothing to do with mining valuations, it comes from a complete lack of adherence to GAAP. Maybe he should have just stated - the NAV is what it is because that's what we say it is. I do find his use of quotation marks to be quite creative.
That's it, you can carry on with your threats now.
You know absolutely nothing about Mining valuations and Alan has the support and advice of my personal Mining Team, whom are highly respected, experienced and two of whom are Licensed to write Reports acceptable to the Johannesburg, London, Toronto and New York Stock Exchanges. That is how he obtained these valuations. You are accusing Alan of filing flase and misleading statements with the SEC. That, is serious. Not to mention libellous, perhaps criminally so. Fair warning!
