Ann: Corporate Update - Relisting, page-21

As we enter 2018 we will see iron ore, coking coal, pci go much lower in price. This will see our share price goto all time lows.

You can see why Morningstar has come up with a fair value of 60cents in today’s market and i don’t see it getting any better only worse for us all and a fair value of 50cents come 2018.

The longer this drags out I can only see the value of the company going lower.

Take into account the extra 100mill shares (10mill consolidation) issued to the company which increases our 10% freefloat to around 300mill shares (30mill consolidation) causing more dilution which is never good.

This has become a joke.