agm, page-22

pgamble,

the past is very important in life.It is the basis of future happenings.

In the case of ADY is was the same directors who made promises,gave themselves cheap options as rewards for duties rendered, managed the demise of the company,made questionable statements and led us up the garden path.

Until these directors deliver the goods many of us will not believe them and will keeping on remembering the past.

You keep on harping one the latest new director and indicate because he purchased shares recently that he will be our savour. Are you sure? Harper converted his shares last year. Did not stop the shareprice falling to 1 cent.

I agree that we should be focusing on the future. Your posts this year indicated each week that prosects looked great. But my friend JA has now indicated (after receiving his bonus shares and after the capital raising) that it may be one year before a JV is executed if at all.Wonder if the capital raising would have been as successful had he told shareholders re the delay in the JV?

Suggest you go sailing pgamble and return when to the boards with your positive comments AFTER JA has delivered real news. By then you may have circled the globe a couple of times.

You are entitled to your views. However please do not knock those who have lost heaps because they had no stops.They trusted the ADY leadership team in the same way you are doing today.