wayne's letter , page-82

Exhibit D:

“I couldn’t give a cold pie what anyone says or thinks about me. I just do the best job I can for shareholders and if shareholders don’t like what I do, the best thing to do is just for them to move on. We have made 1000 of our shareholders millionaires.”

When McCrae took over the operations and management of CuDeco (formerly Australian Mining Investments Ltd) in late 2002 the share price was 0.002c. There were 1000 shareholders, primarily mums and dads.

“We have come from 0.002c. We had some 380 million shares and zero cash. I loaned the company approx $700k at no interest just to keep the doors open,” he says.

Yeah well everyone is moving on! You happy now wayneo?