meetings, page-14

I for on have had enough of these so called balanced posts which are down in the mouth and confidence destroying.

Let's look on the upside. That's where we are going.

AZZ is perfectly positioned on some of the most desirable ground in the world. That's right, it's in the USA. one of the greatest energy users in the world. The leases are legally secure, onshore so easy drilling and production.

The Eagle Ford Shale is a new desirable play. Operators are getting excellent results and learning more every day. Plus the big players want this ground.

AZZ has plenty of money for the next 6 months work program and as this brings experience and production, fund raising will be easy. The last placement was easy. The next will be even easier.

AZZ also has experience in selling out and moving on, having done so in August 05 by selling out of Turkey and moving to the USA.

Now we have an offer to buy either our ground or the company for its excellent position in the EFS.

Our directors know how to get maximum benefit from this so look forward to a much higher valuation on our company than that put there by uninformed detractors.

This will play out very well.