questions 1st june 2012, page-19

Hi Tony,

From my perspective, you've continued to tick boxes in order, one after the other, giving PLV a better than even chance of success in what is a pretty difficult (that's a mild understatement) business environment.

A few questions:

1) Are you able to clearly articulate what additional boxes need to be ticked and in what timeframe/s to ensure we are producing in Cockatoo (early 2013?) & Irvine (2014?)

2) I'd also like your personal comments on the challenges of working with our chinese partners. I'm sure it's not as simple as "they missed another deadline - doom&gloom" when it comes to engaging and doing business?

3) Finally, I rec'd my multiple copies in the mail of the Independent Experts Report and Proxy Forms etc.....surely there has to be a better and more effective of getting these documents through to shareholders?? - thats a comment not a question - wonderful bedtime reading :-)

I look forward to meeting you at the shareholder meeting on 29/6.

Cheers,
Snagger