Ann: Response to ASX Query , page-2

Management hasn't really sai much that we don't already know in response to this query. They have committed to providing the market with information on future investment decisions by august so a pretty vaugue indication of timing. They also repeated previous statements that they are considering mining and non-mining related opportunities.

So all in all, we don't have much to go on. My hunch is still that something might be just around the corner as buying into an investment will be cheap while current market sentiment prevails. Further, this shell has been idle for some time, and they will want to maximize value sooner or later!