agm:, page-4

AGM = Groundhog Day

1.Turn out was pretty poor considering last years show.

2.NMDC were committed to both LCY and their projects.

3. NMDC were pleased with Bevan starting up and were buoyed by phase 3 and DSO plans. Happy and committed to Bevan and would buy out Bevan when they were ready (which meant to me - only on their terms).

4.Spin off was going ahead but no other details were released.

6.Funding was available to LCY should they manage to secure a major asset.

Question and answer time was a non event with myself and a mate pretty much asking the majority of questions and getting the standard responses.

Coffee was good but not sure on the biscuits coz I didn't try one.