Ann: Rosewood Plantation 21H No.1 Drilling Update, page-18

re: Ann: Rosewood Plantation 21H No.1 Drillin... Okay, fine, 'dusters' was technically wrong. One duster and two wells which could only be described as (and have been described as by PYM management) big disappointments.

I'm not bitter, I don't know why you keep stating or implying it, but I don't think it's accurate to say that if I paid too much it's my bad not theirs. I saw Justin presenting twice and spoke to him in person, face to face I organised to buy shares at 12.5c from him. He was very confident that the next well would be a company maker and said that he expected around 2,000 BOPD and would be very disappointed at anything less than 1,000 BOPD.

Now I'm not whinging, I'm not complaining, I'm not claiming to be a victim, I understood the risks and I'm happy to wear the consequence, but I don't think what you're saying is fair or accurate or makes sense.