WHAT??, page-16

Hi Augment,

I hope we are nothing like NRT to be honest. The meteoric rise after an announcement written in capital letters for emphasis and containing the word BREAKTHROUGH was always going to spark retail invetsor interest. The problem was that a day later they also announced a capital raising with US investors at 13c (plus a bonus option at 15c). I personnally feel a little bit uncomfortable with that, and I expect that a lot of retail investors that bought between 13c and 27c might also be. We need to be careful of what we wish for here.

A slow and sustained increase in SP is best for all and that will be attained by a number of deals being announced over the next 12 months, preferably including $ so that the market can aportion appropriate value to the deal.

All good but the sooner we start the process the better for all.