ceo matthew hogan in the uk, page-43

Bungy

I guess none of us are really happy right now although it is better than it was. I do recall Bungy that you were supportive of the directors buying the shares at the time as it gave confidence to the rest of us, at a very dark time.

I too ( maybe you are in a better position) have much of my retirement hopes centered on the performance of this stock. I would have preferred this not to be the case but I think better this one than others.

I expect a minimum get out of say $1.50 but would prefer and reasonably expect to get closer to $2.50 within the next 12 months.

If this goes into production and the transport problem is solved then within 2-3 years I think $3-$5 is not unreasonable.

In all the global circumstances and without the benefit of hindsight what should the directors have done to materially change things for the better?

I have always valued your opinions and would welcome them about this

lex