broker presentation, page-14

kpool

Thanks very much for the report on the presentation. I assumed that Chris Kelliher and David Feber were presenting in the US this week also ... but next week is good too.

Nice to hear that TZL has so many large companies on its list of "potential" customers ... but it still seems like we are never going to hear about deals that have been done ... makes it hard to keep the faith! When they make actual sales surely we will hear about that ????

So what they said overall was that TZ is going to NASDAQ but we are not sure when, we are making one or perhaps two acquisitions .. sometime, we have lots of companies that we are "working" with but we can't tell you who thay are (directly), and we can't tell you if we have done any deals?? I have to say it's getting a bit frustrating!!!! Although I have "encouraged" management to do more promotion I am left wondering about the timing of these presentations ... there doesn't seem to be anything new or major to "announce" to the investment community at this time. What is your impression as to the purpose of the presentation at Argonaut? Perhaps its to encourage clients to fund the debt that will be required to make the acquisition (both here and in the US)?? I would have thought CS would have been the ones to do that type of "sell" though?

The best bit of "news" from the presentation was that CS are preparing a major report on TZ that will mention where the "huge" interest is coming from...within a couple of weeks. That should create some interest.

Nice little "hint" about strong buying next week ... that would be fabulous! It will be very interesting to see how much we get today from the Perth investors. Are Argonaut planning a research report and coverage of TZ?

Thanks again.

H