Ann: Mt Cattlin Update-GXY.AX, page-53

This is not good for the short term. Galaxy's management as far as the market is concerned has spread itself out to thin. With this current information it's looking more like will need to raise cash in the near future to make James Bay and Salt of Life come alive. Repeated delays are killing the SP. Broken promises will scare away good money. The worse part is the keeping of us retail investors in the dark. It's as if we are not worth the time of day to be kept informed.