Ann: Quarterly Activities Report, page-10

Charlie,

We share an exposure. My background is also in construction and I saw procurement from China add 12 months to the completion of major Adelaide landmark building. It was not honourable to withhold important components but it seems to occur more often than it should.

It is an apprenticeship in the game that gives you the scars, grey hair and a realisation that no one knows it all. Every construction project has errors and therefore it is reasonable to expect the same here. In fact, it is a positive that latest report has a mea culpa and such integrity in being open is a testament. My brother in law has spoken with Alex a few times and my brother intends to do so this week. He will reflect my view because he shares it. No need for me to bug him.