Ann: Notice of Meeting - EGM , page-17

Quote from Velzy re Allegiance nickel discovery.

"I was a zinifex shareholder at the time of the takeover and all I can remember was it was a dog of a company and they closed the operation down and had to take a loss of over $800m and the share price hasn't recorded"

Velzy, the global financial crisis caused many many remarkable world class discoveries to be mothballed. Allegiance was one of them. Zinifex was just unlucky with the timing of their Allegiance purchase.

Albidon's world calls nickel deposit in Africa was also mothballed till the price of nickel recovered.

You are confusing the ability of geos like Levy and Carson to discover world class mineral deposits, with relatively short term market forces.

Velzy, are you suggesting that Ian Levy and Mal Carson are not successful geologists?? Are you denying that Ian Levy is the CEO of ABZ which is proving up a world class Bauxite resource ? Are you saying that Ian Levy was not a director
of the large coal company Gloucester Coal?

You are trying to confuse the forum with red herrings.