confidence shown at agm - calling your enemy, page-15

Hi Copper, if I'd known you were there I would have said hello. I'm guessing you're not one of the Malaysians who spoke, or the women, or one of the chemical enginners/physicists. Were you that guy sitting next to me who got up and asked about the new ASX share-raising platform or something? Sounds like more your thing.

If that prod was to confirm my identity as a one of the few suit wearers there, well sorry I don't think I'll bite. But yes of course I posted here on the same issue I put to Nick. I wasn't planning to ask a question before the meeting, it was a genuine response to what I was hearing.

btw I didn't mean to be abrupt with Nick, I quite like the guy and appreciate the opportunity to raise questions. I was actually going to apologise after if I could've caught him because he did react in a bit of a terse manner. It was just that someone asked a similar question on the 11,000t immediately before me whilst I was standing and waiting for which Nick gave a lengthy answer and so I tried to be brief and cut quickly to my point, maybe it came out as too direct.

I didn't realise they've posted a transcript which might help me, as all I really absorbed was Nick repeating that they can sell 11,000t which sort of frustrated me. I'm not disputing that, I'm concerned that the take up by customers to 11,000t is slower than expected which pushes back the time to take a position and in which I believe fund managers will take new positions and turn the SP and also increases risks in the business that I thought were behind it.

I also assess the underlying business, but don't have the luxury of tying up funds waiting for the share price to turn. I only want to take a position when the price turns up and hold then, not sit for months as it drifts down.