day of reckoning

Dear GWR S/H, firstly I have no conflicting interest in both companies, but I do have a concerned friend in GWR which asked me for advice. After little research I would like to share some of the concerns and issues that I found which may help GWR S/H's to decide.

I would suggest that those who are entertaining the thought of converting 1 for 7 should request to see written evidence that the following has converted ALL their shares. This will show the

Raymore John Millard 3,318,000
John Wallace Doutch 2,643,286
Malcolm James Doutch 2,830,786
James Norman Ford 1,549,286
Peter Brady 893,270
Noel D McEnvoy 669,444
Jeff Peterken 1,188,889
Rhiannon Doutch 750,000
Susan Wood 205,889

It sounds to me that John Wallace Doutch wants control of GWR. And he may want others to transfer their valuable GWR shares into FAS, which he has control of, while still retaining his own shares in GWR.

You don't have to look far to see their needs to be accountability, as a GWR S/H it must cause you to question not only the board of FAS and various directors of GWR, but also Mr Doutch and his office. It's been said that Waliska is John Wallace Doutch, if this is the case take a look at his posts, there is reason enough to be concerned. Someone who answers in riddles and innuendo's has something to hide, this takeover should be transparent, but sadly, far from it.

They had Constantino Markopoulos in Adelaide this week getting ready for the new float, “Classic�. Probably to distance itself from FAS because of the bad publicity. Where does his allegiance lie???

You have Allan Rudd at the AGM cowardly putting up his hand in favor for the capital raising, where does his allegiance lie??? Allan why did you raise your hand when you admit you are against the capital raising? Can't you be honest to yourself if to nobody else?

Michael Wilson, where does his allegiance lie???

Peter Thompson???

These names have been put there by John Doutch, enough to cause some apprehension. Why has GWR performed poorly compared to other iron ore players? You guessed it. With Azure Capital being GWR’s advisers, we have already seen a positive outcome with the likes of Geoff Wedlock on board. Now you need to terminate this takeover attempt and you will see dividends in your company.

Ask who organized the capital raisings and pocketed the 6% commissions, ask for the names of those who received the shares through the capital raises, ask if they ALL came under institutional investors or sophisticated investors. You need to know what’s been happening in your company.

IMO, I smell a rat, I encourage all GWR S/H to investigate. This is an incredible attempt at a takeover, ask your broker if he has seen anything like this done before.

The truth is that GWR will be a billion dollar company, John Doutch along with directors in GWR and FAS know. Gary Hutchinson with the help of Azure Capital wants to keep this asset with the GWR S/H. Mr Doutch, Mr Rudd and Mr Robinson want to take this asset into FAS, where they get more of this beautiful asset for themselves. The takeover group doesn't end with Mr Doutch, Mr Rudd and Mr Robinson, it starts with directors in GWR and FAS and travels all the way down to Mr Doutch’s office girl. They do have a strong group. When all is revealed, this story will make headlines.

Cheers

Ps, If FAS holds this so called 33%, they haven’t the funds to exercise the 1 for 15, I believe it won’t be long before FAS will be cash strapped, with a downward trend in S/P, it doesn't look good. Please for your investment, INVESTIGATE. Read uio comments, they are informative reading without the riddles. I believe this will be sorted out for the better, after more info comes to light on this matter.

DYOR