Ann: Entitlement Offer - Results and Shortfall, page-17

Hi Spid81 your research is of poor value..Had you researched extensively you could have avoided buying at 12 cents and now back at 3 cents from a company saving raise…Why didn’t you foresee the inland strands ore was not going to be profitable through the plant without massive expenditure with no guarantees…

Are you now prepared to admit you did not understand running two different ore types was not plausible…If they decided to delay the spend and have a thorough investigation bottleneck study optimisation study would be rather prudent…We have all seen SYR have spent millions and not reached plant capacity…SYR mark 2 let’s hope not…

Regards Croc