quarterly report, page-6

"and I say IF all the cards fall right CTP is headed for the sky before xmas "possible" $1.50 SP. "

I hope your right, but I really think that 35 - 45 cents is more realistic and achievable.

Also I should indicate I am hearing rumors from a variety of sources that Mr Askin will not stand for re-election at the forthcoming AGM.

If that occurs and I suspect it will, then it will only be necessary to remove Messrs Dunmore and Whittle, by voting against the remuneration report.

I personally have little difficulty with Mr Whittle staying for a period of 12 months, but no longer.

CB