Ann: Appendix 3Y - Shane Tanner , page-24

Acaca & Ballard, Apologies for asking questions which you might not be comfortable with. I am not a ramper up or down, I just like to understand things, since knowledge allows for better investment decisions. In fact there may well be a legitimate answer to my queries and I would welcome an intelligent response (if you actually have one).

Further, as I have previously said, I like the long term story for VEI. As such, I will continue to follow VEI. Sorry to disappoint you both.