Ann: Disclosure Document, page-17

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    All understood but when acting as management of Telmen and acting as management of Tamaka there are different corporate situations and interests to take into account.

    One was an unlisted company and the other is now an ASX listed one. Same people does not mean same responsibilities.

    TPD did get the better financial terms overall on the farm in when compared to TMK but both should do well in coming months.
 
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