agm, page-12

Coolbrass,

I think you'll find that someone mentioned a number as to the price earlier on HC and one can only assume his info is correct.

I would guess it makes sense to replace 20c cash with 52c (if thats the number) cash so I would say the last $6m from Abu Dhabi will not be drawn down.

My chats with people after lead me to believe we will have an SPP at the same price the instos get, so that will mean $15k of stock to all current holders at the supportable price.

It was good to meet other holders at the AGM. I'm not sure if we chatted, but I do remember the lack of beer! Still I suppose you can't have everything.

CD