Ann: Mustang appoints senior resource executive Peter Spiers, page-47

I don't think going forward that MUS problems are going to be mining, but investor and industry relations and marketing. If having Peter on board helps us avoid another mistake like what happened in April then he will be worth the cost. Most of the recent SP fall was due to a loss of trust in CJ's judgement, not the resource or even the need for a strategy change. Letting the SP sit under 4c while the market rebuilds trust in CJ is a very dangerous strategy given the risk of a opportunistic takeover.

Peter is obviously a good negotiator which can only do us well as we begin the negotiation process with the buyers in coming months.