Ann: Suspension from Quotation, page-156

"Mr Chuk had the audacity to take me on and question a possible CR and that one was not required "

I had the audacity to discuss something with you? How dare I!

"and then indicated maybe a small one would suffice "

I also said they might do a larger one at a later stage, after the IDC loan and from a higher sp.

Wow, the audacity of me to question you!

"Yet in his private calculations he completed a spreadsheet with a possible $18m CR"

Yes, that was my bear case scenario. I look at all realistic possibilities. You only look at the bear case - or at least that's all you want to discuss while you're not holding.

As for the $18mill that I allowed for, i never said that what this cr will raise or was after. So don't get too excited about that number.