the mullet chart, page-35

Hi tv105,

hope your weekend is going well, enjoyed a lovely night out at Friends place last night, 2 other CDU holders, enjoyed a couple on nice Merlots.

This morning I have been able to find the answer to the second part of your question. In the pre-amble to last years(2012) Annual Report, the Chairman wrote:

" Fair to say I have never been one for the “establishment”, which may well have made life a little harder for us at times, with little if any genuine support or coverage from the wider Australian broking community over the years, but now as we start to see the light at the end of the
tunnel (the theme of this years Annual Report), I ask shareholders to reflect on the current health of the
Company as we move toward production by the end of next year."

He does say "move toward production" not necessarily be in production by end of 2013. It is open to interpretation and many will want to put their own spin on it to suit themselves & their agendas. Personally, I will be happy if we are in full production by this time next year, it will be a great destination for a visit during winter. There is no point in trying to rush the construction & risk getting things wrong, which would end up taking longer to rectify.

Enjoy the rest of your long weekend,

cheers

cj