Ann: Bunian 5 Drilling Update, page-27

Hi Dr

I was only new to stock market investing when i bought BAS many years ago. Typical story, i listened to a friend of a friends recommendation that the stock had potential and was sucked in by the thought of getting rich quick Bought in without so much as a thought at 3c!!!!!!!!! He had been correct on a few other specs so i blindly trusted his advice. Poor decision obviously.

The rest of my portfolio was going gang busters as i entered the market when TLS was under $3 and the banks were at around $20 (ANZ) so was not too concerned about the loss. Once i had reached a point i felt no point selling and just thought i would ride it out. Been staring at the red for years... been picking up a few shares at placements and on market over time (only small parcels) and am starting to believe this company has some legs.

Just to provide some insight into why the hell i have been in this stock for soooo long...lol

glta