From: xxxxxxxxxxxxxx
To: Farhad Abasov
Sent: Thu Sep 01 11:34:22 2011
Subject: Re: Investor Question

Hi Farhad,
I hope the critical meetings have worked out for all of us? ... I was wondering if management has talked about putting anything in place yet.. in case of a low ball offer for the company... where one to come in...seeing how are stock price has been held in a tight range...
At this point of development...are we leaning more towards buy out? Or a JV with a the likes of BHP and or Off/Take agreements with India or China...the reason I ask is there is so much speculation in which direction we are headed...
I know its been a long summer for all involved...and want to thank you and your team again for your efforts on behalf of all us shareholders...
Bob
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Hi Bob,
All cards on the table as we are getting interest from everywhere. At this point we want to do BFS and secure financing via project financing and strategics. At the same time we continue talks with all interested parties. The more developed the project the better value all shareholders will get.
Back in TO next week.
Thank you,
Farhad