Ann: Mardie Construction Commences, page-36

Your comment is appreciated.

However, as I commented in an earlier post, the Mardie Project is unlike any other project on the ASX. There has NEVER been a solar salt listing on the ASX.

BCI is in the mining category - but it’s not a miner. The Mardie Project is more a pastoral activity. It farms salt. It didn’t mine salt.

The SOP project is an industrial project. It’s port project is an industrial activity.

BCI is not an iron ore miner. It’s a royalty reliever nothing more.

Most shareholder, about 7780, outside the top 20 shareholders, and certainly out of the top 3, get no advice on the week to week or month to month basis on project progress.

This not a usual project where drill programs or drill results can be provided. Shareholders are kept basically in the dark apart from a few presentations and last minute quarterlies.

FYI the next quarterly is not expected until the end of July.

Patience for the project is needed. Absolutely. I read this advice to holders on HC consistently. The advice is unnecessary. Seriously unnecessary!! A wheat farmer needs patience too.

Given the significantly different circumstances of this Company, it’s project and it’s unique position on the ASX I think it’s up to the Board of management to keep the market more informed.

In my view the market reflects the status of the project without any reporting. So who is shaping the BCI market and on what basis? Who is being informed off market?