From:xxxxxxxxxx
To: Farhad Abasov
Sent: Tue Jul 12 11:19:06 2011
Subject: Investor Question
Hi Farhad,
Hope all is well ? I have been with AAA since Feb 09 and have not seen our stock get so hammered like it has this past 3 weeks...
I really see no change here fundamentally with AAA and would have thought share price to have been no lower than 1.55...
I was wondering in what direction the company was headed with OFF/TAKE is there a time frame or limit to which we will deal with China or do we try to work something with India and hope this brings China to the table or BHP ?...
Thanks in advance for any clarity on these issues...stock price really has me wondering...
Bob
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Hi Bob,
The stock may be hammered, but the project is in a great shape. All our programs are on track.
Offtake and strategic partnership talks with both Indians and Chinese are on.
The feasibility study will be launched soon. Project finance work is in the process.
The stock should have been higher than $2.40 after the announcement, but somebody started selling to take the profit and we still seem to be suffering from the aftermath.
I am overseas for critical meetings which are going very well.
All the best,
Farhad
