Ann: Half Yearly Report Ended 31 December 2009 , page-13

re: Ann: Half Yearly Report Ended 31 December... I understand and share your views on lack of disclosure.

At the same time I hope we have sold it well as to participate more than favourably in caterina and possibly a second well at Artmeis if the first is succesful - without the need of raising more cash.

I put it to you that maybe Artemis and Caterina could be of greater value than 10% Kimu. At least these bigger plays are also in a safe investment country in australia.

I welcome this sale if it means we have been well paid and the capital is well allocated on larger prospects.