Ann: Appendix 4C - quarterly-AJX.AX, page-76

I have almost no doubt that my last post will be TOU'd as flaming or suchlike when in fact it is just a fair assessment of your prior position. Now this latest 4C has gone a long way to proving your prior assertions about AJX and NC to be grossly misplaced you have shifted your position enormously yet still manage to find a tenuous negative slant as if you'd been right all along when nothing could be further from the truth!

To back up my post here are some of your more recent comments about AJX:

Post 19944578:
"Final word.....but you guys are banging on about it as if the money is in the bank because NC says it will be. Beware of the wolf in sheep's clothing!"

Wait a second, it wasn't your final word, and it turns out the money is in the bank and growing rapidly each half year...

Post 19958606:
"And they put the company into a TH for that...a piddly $3m contract. Like I said, Fosters were right about NC. Good luck everyone....you're going to need it."

Turns out $15 million a year is still piddly to you - what level of revenue will prompt even a scrap of contrition on your part!? And what was that about making your own luck, maybe ask NC how it's done?

Post 19942151
"And there it is! NEA don't have to report their revenues every quarter but they do.

My argument is if AJX were achieving their US$18.5m target they would come out and update the market to reassure shareholders and arrest the slide in the SP. But they haven't! Why? Because IMO they are nowhere near achieving their US$18.5m target.

I am out of the stock totally now as I believe what Fosters said about NC is correct....I won't repeat that here but I think you know what they said and I expect the announcement tomorrow will just go to supporting this. It will be all fluff."

How close do they have to get for you to accept they're anywhere near? They look pretty close to me... Surprising amount of meat in todays fluff sandwich wouldn't you say?

I don't mean to focus on just one poster, but there's been months of drip, drip, drip the company is blowing smoke up everybody's proverbial etc, etc. I haven't posted much because I've been busy with my real job and life, but seriously beyond a little over-exuberance being punished by uncontrollable delays the company is doing what it said it would do.