Ann: Completion of Due Diligence and Notice of Me, page-109

re: Ann: Completion of Due Diligence and Noti... I am with you on this Nannook.

KRL will have the following after the deal is approved by shareholders:

1) KRL will have more coal with the 9 mines going in.
2) The coal is paid for at the site NOT when on a boat weeks later. KRL holding cost dramatically reduced
3) New management in control who have been in the business for many, many years. Present management have done a great job to get us this far. Both these management teams working together can only send KRL forward.
4) No more placements required

It is a win...win for Bayan & KRL shareholders.

Go the Roo......

p.s. Illiquid sell your shares to Nannook for 14.5c with settlement on July 1st. This way you do not have to pay tax on your profit until about 14 months time.

Cheers
Sales