Ann: December 2018 Quarterly Activities Report and Appendix 4C, page-18

We’re in a bear market...

Most specs have had the same pattern. 

Nothing to do with the fundamentals. 

You’re behaving like they’ve come out and said they’ve failed but instead have said a parts issue and in talks with:

• 1 land based power generation turbine manufacturer
• 2 of the world’s largest automotive manufacturers
• 2 x aerospace and aviation 1 based in Europe and one in USA
• 1 x tier 1 chemical processing company
• 2 x heavy machinery one in agriculture and one in mining equipment parts
• 2 x tier 1 oil and gas companies

You whinge so much you should sell.... oh as if you hold.