Ann: Diggers & Dealers Mining Forum Presentation, page-27

I say it how I see it based on information available on the day. I have been clear on where I stand from day one which cannot be said about your posters. My average share price on the peer is very low due to my strategy of buying at lowest points not highest points. If you want to buy ARL shares at the high points that is your choice.

ARL are I'm opinion grossly overvalued due to the year-long unopposed pumping.

You have not done much for five years. You can't even tell me how far underground your potential minerals are and over how big an area? Those questions are important.

Five years and that is it?

I think we need more fluffy presentations for the happy clapping club.

All in my opinion and not investment advice.

Hope you will do well